New Ransomware Business Cashing In On CryptoLocker's Name (csoonline.com)
itwbennett writes: A new service launched this week on a standalone Darknet website offering ransomware called CryptoLocker Service to anyone willing to pay a small fee and 10% of the collected ransom. The new venture is being run by a person using the handle Fakben, who was a former user of the Evolution (Evo) marketplace, writes CSO Online's Steve Ragan. Customers pay $50 to get the basic Ransomware payload. Once the victim pays the demanded ransom, the payment address will forward the funds – less a ten percent fee – to the Bitcoin wallet designated by the CryptoLocker Service customer. The ransom fee itself can be determined by the customer, but the recommended fee is $200. 'I prefer to be less expensive, more downloads and more infections,' Fakben said during a brief chat with Ragan.
Pretty much anything on this list:
https://en.wikipedia.org/wiki/...
Every one I have run across has wanted a CC not bitcoin. Although its been about a year since i've seen one.
They didn't encrypt files but they often prevented you from running any other programs until you paid up so I still consider that ransomware even if not on the same scale.
Minimum threshold fixed. Thanks!
Fiat currency is also supported by the military, economic, and diplomatic might of its host nation.
The two main problems with Fiat currency is how impractical it is to carry around a large quantity and getting useful change. The newer, smaller models help, but there's always someone who has a problem converting between two and four-door units, etc...
It must have been something you assimilated. . . .
If you are using Bitcoin as an investment, you are using it wrong. Bitcoin is meant to be a way to transfer money, not to store massive wealth.
APK likes to ask for responses to the same things over and over. Maybe he just likes the responses?
Except that it now is available for Linux and Mac.
http://it.slashdot.org/story/1...
http://apple.slashdot.org/stor...
All someone has to do is distribute the software with some other piece of software that looks legit, wait a week, and then spring up requesting money. This isn't hard to do unfortunately. As far as I understand the current crop of ransomwares for Windows, you have to click on the executable for them to happen. I haven't ever actually run across one yet though, so I could be wrong. You may be too young to remember, but this is not a new thing:
https://en.wikipedia.org/wiki/...
APK likes to ask for responses to the same things over and over. Maybe he just likes the responses?
Not entirely but it's still a hot potato to pass on before the price changes and the holder gets burnt. It's amusing that people have found such a secondary use for a pyramid scheme but I see it as a sign of how bad the current forms of money transfer are - by design of the middlemen getting a cut.