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Crypto-ransomware (or filecoders) has been on the rise since at least 2013, when the notorious CryptoLocker appeared. Since then, cyber criminals have collected millions of US dollars by extorting money from victims in return for unlocking their data. In 2016, estimates based on FBI findings suggested that ransomware was set to become a $1-billion-a-year crime. Cyber criminals’ earnings demonstrate the impact of this exponential trend and are the main reason why crypto-ranso

If you’re a victim of ransomware, cybercriminals will encrypt your data and documents and demand a fee for them to unlock it. Once your data is locked, you face a tough choice: whether or not to pay. If you pay, will you really get your data back anyway? Here, we look at some tips on what to do if it happens to you. Who are you paying? Is there any way to really know if your bitcoin ransom – increasingly the currency of choice for cybercriminals – will go to the person with t

last week ESET released its annual security forecast for the upcoming year entitled - Trends 2017: Security held ransom. The report, assembled by ESET security experts, presents key cyber security topics of relevance for both businesses and consumers about the latest threats taking shape in the new year. The takeaway seeks to ensure that readers will be better prepared to tackle the associated challenges and thus be better protected. Based on intelligence gathered by ESET’s R

Ransomware is malicious software that criminals use to hold computers or computer files to ransom, demanding payment from victims to get them back. Sadly, ransomware is an increasingly popular way for malware authors to extort money from companies and consumers alike. Paying criminals is never a good idea, even when it seems expedient. Ransomware authors are under no obligation to actually give you back what you pay for, and there have been plenty of cases where either the de

Lately, we’ve been seeing a huge number of Filecoder outbreaks all around the globe – a trend that puts a lot of pressure on businesses as customers, even on competitor Endpoint Security Solutions usually request file decryption service from us. Apparently, lots of new and more complex Filecoder variants show up on a daily basis due to many factors ranging from human sabotage, poor configuration and management of security solutions etc ESET is more than happy to inform you th

There is no doubt that one of the main assets of a company is the data it stores. Information about its customers, financial or employee planning, among other types of records, should be adequately protected and available whenever they are needed. For this reason, companies that care about such data invest adequate resources into protecting them and recovering them in the event of a serious incident. But how serious does an incident need to be for vitally important stored dat

With the rising tides of ransomware eating up much of the newsfeeds, we are also being reintroduced to an accompanying friend of malware: exploits. While they are different, the two can seemingly go hand in hand depending on the threat you may have just incurred or behaviors you may be seeing on your system. An exploited machine may not be infected, but it can be leveraged to affect or infect every machine in your environment if the vulnerabilities in the network are not prop

Have you been infected by one of the new variants (v3 or v4) of the notorious ransomware TeslaCrypt? If your encrypted files had the extensions .xxx, .ttt, .micro, .mp3 or were left unchanged, then ESET has good news for you: we have a decryptor for TeslaCrypt. We have been covering this malware for a few months now, sometimes along with Locky or being spread by Nemucod. Recently, TeslaCrypt’s operators announced that they are wrapping up their malevolent activities: On this

Ransomware is a very popular type of malicious code present and has a very peculiar operation: hijacks your files and asks for a monetary ransom. So should you pay the cybercriminals? #Adobeflash #Video #Ransomeware

Ransomware is a growing problem for users of mobile devices. Lock-screen types and file-encrypting “crypto-ransomware”, both of which have been causing major financial and data losses for many years, have made their way to the Android platform. ESET has prepared a topical white paper on the growth of this insidious Android malware. Like other types of Android malware – SMS trojans, for example – ransomware threats have been evolving over the past few years and malware writers