COVID-19 Alert – Ransomware Attacks up by 800% - Our CEO speaks with CBS
monster-cloud-logo-transparent
  • Cyber Security Services
    • Prevention Services
      • Penetration Testing
    • Mitigation Services
    • Recovery Services
      • Ransomware File Recovery
      • Ransomware Removal
  • Ransomware Removal
    • LAW ENFORCEMENT RECOVERY
    • .LOCK2BITS
    • .CONTI
    • .LOCKBIT
    • CRYPT
    • LOCKED
    • .BBZZ
    • .BBYY
    • .BNRS
    • OTHER TYPE OF RANSOMWARE?
  • Testimonials
  • Company
    • Career Opportunities
    • Q&A
    • News and Blog
    • University
    • Customer Support
    • Contact Us
  • REMOTE ASSIST
  • (844) 222-1221
REMOTE ASSISTLOGINSUPPORT
SUPPORT

Ransomware 101: History of Ransomware (The Ultimate Development of Crypto Ransomware)

June 1, 2018wpengine

During the nascent phase, we saw how crypto ransomware was introduced in its most basic form. But due to easy and quick ransomware removal, they couldn’t properly take off to become a viable business option for cybercriminals.

However, by 2013, the cryptovirological developers overcame the majority of the issues in their scripting to make their attacks more supple, effective and lethal. The threat of ransomware organizations and individual users facing today had acquired this form five years ago.

Crypto ransomware of today is very effective with its encryption algorithm. Moreover, it is more effective in infiltrating networks and devices. For that reason, ransom demands have also become pricey. An average extortion demand is now $300 for a regular ransomware attack.  In addition, more comprehensive and exhaustive ransomware removal activities are now required to disinfect the affected devices.

What Crypto Ransomware Operators Learnt From Earlier Mistakes?

First thing crypto ransomware operators did was to drop symmetric encryption and adopted asymmetric algorithms.  However, it also became ineffective after some time after security experts developed ransomware removal measures for it.  Later, cryptovirological operators integrated Triple Data Encryption and Advanced Encryption Standard in their crypto strains.

This transition drastically improved the encryption regimen of crypto ransomware. Moreover, they started to develop unique decryption keys for multiple activities of the same strain. Earlier, a single decryption key could be used for ransomware removal on multiple devices affected by a similar strain. Crypto ransomware operators have also stopped to store decryption key in the payload because security experts started to succeed in retrieving it.

Nevertheless, some loopholes are still dug by security experts to neutralize the activity of crypto ransomware. Moreover, the growing trend of maintaining data backups has also factored in making ransomware activities ineffective.

This is the reason ransomware operators are now shifting their focus to target entities working in public domain. For instance, healthcare ventures are the new pick of ransomware operators because they severely get affected regardless of backups and quick ransomware removal measures.

It seems like this unannounced scuffle between cryptovirological operators and security experts will continue.

Previous post Vulnerability Assessment for Ransomware Attacks Next post Ransomware is the Biggest Corporate Cyber Threat and CIOs are in Agreement

Related Articles

MonsterCloud Helps Solve an Issue that Can Bring a Company to it’s Knees

May 16, 2017wpengine
monstercloud helps

NY TIMES: Quotation of the Day: In Computer Attacks, Clues Point to Frequent Culprit: North Korea

May 16, 2017wpengine
computer attacks

MonsterCloud’s CEO Zohar Pinhasi on CBS – Ransomware Spikes During The Holidays

January 3, 2018wpengine
MonsterCloud’s CEO Zohar Pinhasi on WPTV – Ransomware Spikes During The Holidays

Recent Posts

  • Penalties for Hackers if Caught
  • Should Systems That Have Been Attacked by Ransomware be Used Again?
  • Coronavirus Alert – Ransomware Attacks up by 800%
  • Ransomware and Bitcoin
  • Can you trust your employees? How to keep your data protected?

Archives

  • August 2020
  • March 2020
  • February 2020
  • January 2020
  • May 2019
  • January 2019
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • January 2018
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • November 2016
  • September 2016
  • August 2016
  • July 2016

Managed Cyber Security Services

MonsterCloud offers a comprehensive cyber security platform providing companies with both the technology and, more importantly, expertise needed to defend themselves from hackers, data breaches, ransomware and other external threats. It reduces reputational risk and affords companies peace-of-mind, knowing their businesses are constantly being monitored and protected by some of the world’s top cyber security experts.

Privacy Policy

Privacy Policy

Career Opportunties

Career Opporunties

Menu

  • Cyber Security Services
    • Prevention Services
    • Mitigation Services
    • Recovery Services
  • Ransomware Removal
  • News and Blog
  • MC University
  • Surveys and Data
  • Testimonials
  • Q&A
  • Give us a review!
  • Contact Us

Stay Connected & Protected

Facebook
Google+
LinkedIn
YouTube
Vimeo

Contact us

1119 S 21st Ave., Hollywood, FL 33020
844-222-1221
[email protected]

Partnerships

NoMoreRansom - MonsterCloud Partnership

Recent Posts

  • Penalties for Hackers if Caught
  • Should Systems That Have Been Attacked by Ransomware be Used Again?
  • Coronavirus Alert – Ransomware Attacks up by 800%
  • Ransomware and Bitcoin
  • Can you trust your employees? How to keep your data protected?
BizJudge.com
© 2019 MonsterCloud.com. All Rights Reserved.