CryptoLocker, a new and nasty piece of malicious software is infecting computers around the world – encrypting important files and demanding a ransom to unlock them.
It hunts down every one of your personal files – documents, databases, spreadsheets, photos, videos and music collections – and encrypts them with military-grade encryption and only the crooks can open it.
“Cybercrime is evolving, as the bad guys get smarter and use newer technologies,” noted Michael Kaiser, executive director of the National Cyber Security Alliance. “They’re always looking for new ways to steal your money.”
Not CryptoLocker – it encrypts your files. There’s only one decryption key, and the bad guys have that on their server. Unless you pay the ransom – within three days that the key will be destroyed. And as the message from the extorters says” “After that, nobody and never will be able to restore files…”
The typical extortion payment is $300 USD or 300 EUR paid by Green Dot MoneyPak, or for the more tech savvy, two Bitcoins, currently worth about $400.
To instill a sense of urgency, a digital clock on the screen counts down from 72 hours to show much time is left before that unique decryption key is destroyed.
This malware is delivered the old-fashioned way – an executable file hidden inside an attachment that looks like an ordinary ZIP file or PDF. One small business reports being compromised after clicking on an email attachment that was designed to look like a shipping invoice from the U.S. Postal Service.
Open that file and bad things start to happen, although it may take several days for a ransom demand to pop up on your screen after the machine is infected.
Good anti-virus software can remove the CryptoLocker malware from your computer, but it cannot undo the damage – the encryption is that good.
The cyber-crooks are targeting both businesses and individual computer users – anyone who will pay to regain access to their files.
How to protect yourself:
Backup, back, up, back up. “That’s the only way to reduce the risk of losing your files forever.”
Only ResolutionsMSP provides a web-based managed security platform that incorporates anti-malware ,cloud backup & recovery together for the SMB and Consumer markets.
Contact ResolutionsMSP and mention this add to receive an extra 15% discount off of the Cloud Backup product.
Contact ResolutionsMSP for product information.