Ransomware attacks have been on the rise, and are being experienced in the Caribbean. Here is a quick summary of the threat and actions that could be taken to minimise exposure.<\/span><\/i><\/p>\n

\nOver the past several months, network security experts have been highlighted, and have been concerned about, the marked increase in ransomware worldwide. Several organisations across the Caribbean, including government ministries, departments and agencies, have been hit by ransomware in recent months, which hopefully, should precipitate more concerted efforts in the region to address cybersecurity. According to <\/span>Wikipedia<\/span><\/a>,<\/span><\/p>\n

Ransomware is a type of malware that restricts access to the infected computer system in some way, and demands that the user pay a ransom to the malware operators to remove the restriction. Some forms of ransomware systematically encrypt files on the system’s hard drive, which become difficult or impossible to decrypt without paying the ransom for the encryption key, while some may simply lock the system and display messages intended to coax the user into paying. Ransomware typically propagates as a trojan, whose payload is disguised as a seemingly legitimate file.<\/span><\/em><\/p><\/blockquote>\n

Depending on the ransomware, they encrypt or otherwise adversely affect not only user-generated files and documents, but also systems files and records., and can steal credentials stored in web browsers. Additionally, and again depending on the type of ransomware, they can affect smartphones and tablet computers, and not just PC and laptops. <\/span><\/p>\n

It is emphasised that there are dozens of ransomware, and variations thereof. According to <\/span>TrendMicro<\/span><\/a>, some notable ransomware families include:<\/span><\/p>\n

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• CryptoLocker – Uses advanced encryption standard (AES-128) cryptosystem; The word Cryptolocker is written in the wallpaper it uses to change an affected computer’s wallpaper<\/span><\/li>\n
• Cryptowall – \u00a0Encrypts file name of files it encrypts and follows up with an updated ransom note. It also comes from spam as a JavaScript attachment,<\/span><\/li>\n
• Locky – Renames encrypted files to hex values; Appends \u2018.locky\u2019 extension to files it encrypts; Generally, it arrives via spam with a macro-embedded .DOC attachment<\/span><\/li>\n
• Reveton – Locks screen using a bogus display that warns the user that they have violated federal law. The message further declares the user’s IP address has been identified by the Federal Bureau of Investigation as visiting websites that feature illegal content.<\/span><\/li>\n<\/ul>\n

  The ransom demanded to decrypt or restore the affected files tends to depend on the perceived value of the data to the user, which usually is payable in Bitcoin, and \u00a0is not easily traced. It should be noted that the value of the Bitcoin changes daily, and so could be costly to purchase when needed.<\/span><\/p>\n