Kaspersky Lab experts have discovered a modification of the mobile banking Trojan, Faketoken that can encrypt user data. Disguised as various programs and games, including Adobe Flash Player, the modified Trojan can also steal credentials from more than 2,000 Android financial applications
The global fight against ransomware continues to gather pace with more than 30 new partners from both the public and private sector joining the No More Ransom project. The new partners bring with them more decryption tools, offering new possibilities to victims of ransomware.
No More Ransom was launched in July 2016 by the Dutch National Police, Europol, Intel Security and Kaspersky Lab, introducing a new level of cooperation between law enforcement and the private sector to fight ransomware. On the project’s web portal, people can find information on what ransomware is, how it works and, most importantly, how to protect themselves and unlock files for free using one of the decryption tools.
Ransomware is a global epidemic, affecting people all over the world. To better reflect this, the online portal is now available not only in English, but also in Dutch, Russian, French, Italian and Portuguese, with more languages to be added soon.
Today, Bitdefender, Emsisoft, Check Point and Trend Micro join the project as new associate partners. As a result, new decryption tools have been added to nomoreransom.org, joining the eight tools already available free of charge to victims. Nearly 6000 people have so far successfully decrypted their files without having to pay the criminals.
New supporting partners are: AnubisNetworks, AON, Armor, Association for Preventing and Countering Frauds (APCF), BH Consulting, CECyF (Centre Expert contre la Cybercriminalité Français), Cyberlaws.NET, Cylance Inc., DATTO, Inc., ESET, FS-ISAC (Financial Services – Information Sharing & Analysis Center), G-DATA Software AG, Heimdal Security, s21Sec, Smartfense, SWITCH, Ukrainian Interbank Payment Systems Member Association (EMA), CERT-EU (Computer Emergency Response Team for the EU institutions, agencies and bodies), IRISS CERT (Irish Reporting and Information Security Service), CIRCL.LU (Computer Incident Response Center Luxembourg), and SI-CERT (Slovenian Computer Emergency Response Team).
The Austrian, Croatian, Danish, Finnish, Maltese, Romanian, Singaporean and Slovenian police services also join as supporting partners, which brings the total number of countries involved to 22.
“Almost nobody is safe from ransomware. Our data shows that, over the last year, attacks on businesses increased three-fold, which represents a change from an attack every 2 minutes to one every 40 seconds. For individuals the rate of increase went from every 20 seconds to every 10 seconds. This was matched by a surge in new types of ransomware. Too many people still believed they had no alternative but to pay up, even though many that paid the ransom never got their files back – including one in five businesses. And this project provides an alternative – to unlock your files without paying the ransom,” said Jornt van der Wiel, Security Researcher at the Global Research and Analysis Team at Kaspersky Lab.
Both the private sector and law enforcement are stepping up efforts to fight the cybercriminals who are using ransomware to deprive their victims of large amounts of money. However, awareness remains key to stopping ransomware from being successful. Some simple protection measures can prevent a lot of harm: always have a back-up system in place so a ransomware infection can’t destroy your personal data forever, use robust antivirus software to protect your system from ransomware, keep all the software on your computer up to date and, since any account can be compromised, remain cautious at all times.
More prevention tips and information on www.nomoreransom.org.
Articles related to Virus News
Kaspersky Lab Officially Launches New Free App to Help Users Plug Security Gaps – Before Cybercriminals Exploit Them
Kaspersky Lab has officially released Kaspersky Software Updater – a free application for Windows computers that makes it quick and easy to update software, thereby eliminating potential security holes before cybercriminals exploit them.
Newly-discovered Trojan uses unsuspecting Android device users as tools to redirect traffic from WiFi-connected devices to websites controlled by the attackers