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Ransom-ware Warning!

April 9, 2014

Now is a good time to practice ‘Safe Computing’. Make sure that your anti-virus / anti-malware software is up-to-date and your documents etc are safely backed up.

The attack comes in as an email with an attachment. If an end-user opens an infected attachment, the ransom-ware encrypts target files and makes you pay to get them back. The best first line of protection is not to open any attachments unless you are expecting them.

“after compromising a PC, [it] encodes the system’s critical data-files while keeping them unlocked till the victim pays a ransom amount. The ransom asked amounts $500 that must be paid in bitcoins via an exclusive Tor-hosted website that hides the cyber-criminals from getting traced.

However, the payment must be done in 4-days time failing which the demanded amount will become twofold. The crooks use RSA 2048 encoding key to ensure that the encoded files can’t get retrieved unless the ransom is paid.”

Get more Information from Symantec here

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