Showing posts with label Ransomware. Show all posts
Showing posts with label Ransomware. Show all posts

Tuesday, May 16, 2017

Global Cyber Attack: Security blogger Halts Ransomware By Accident

Ransomware
CYBER ATTACK HALTED BY ACCIDENT

The world has become much advanced since the inception of the internet. The internet has revolutionised the world and has been able to bridge the gap between the world. This has made the world a much better place to live. We are quite fortunate that we are living in this era to experience the impossible ones.

Well, there are many cyber-attacks which break the net often. Some become the easy victim of all this. Often we hear that the accounts have been hacked and this leads to the chaos. Recently there was a news of a UK security where he has reported to the BBC that how accidently he had brought a stop of the malicious ransomware which has affected the numerous organisations.

THE REPORT 

The man is known as the Malware Tech which is his pseudo name. After hearing about the technological news about the latest malware attack, he wanted to investigate the matter. The cyber-attack spread all across the globe and it has created a huge impact in the world of technology.

The technological news kept the update on this cyber-attack. After the investigation, he found that the solution and brought malicious ransomware to a halt. It appeared to be a kill switch in the code of the software. He admitted that the discovery was purely accidental.

Even after the accidental discovery, it did not let to the proper repair of the ransomware. The event brought a halt in spreading it to the other computers. Well this was something very crucial that has to be needed.

THE DISCOVERY

After the discovery, the guy found that the malware was trying to contact a particular type of web address every time a new computer was affected. The web address was not that simple. It was a combination of letters and moreover it was not registered. The person decided to register the web address and eventually he ended up buying the address for $10.69 (£8). This gave him the access where the computers were accessed from. This gave him the idea how the ransomware was spreading.

THE DEFEAT

The registration has only stopped but that doesn’t mean it had stopped the malware spreading. There are still files which will be held for ransom. The recent technology news have stated that the ransomware has started ignoring the kill switch. You should keep an update on the recent technology news to know more details.

THE IMPACT

The impact has been huge in the UK affecting the health clinics and several computers. There were many spam emails that appeared to contain invalid invoices and job offers. The incident took the world by storm. There were also many security warnings and other valid files.

The encrypted ransomware demanded almost payment of $300 to $600 to restore access. Well, this was a huge issue and the people had to face the consequences for this. The digital transactions went for a toss. The antivirus giant Avast had observed infections of more than 57000 in 100 countries.