Ransomware demands more victims for freedom

A hacker preying on businesses not doing a good job at avoiding ransomware.
Ransomware demands more victims for freedom by Bulletproof IT

Popcorn Time is taking ransomware to a new level of devilish trickery by asking victims to give up two of their friends for a chance to rid their own computers of the virus. In cybersecurity, this level of diabolical blackmail represents a new and scary trend for hackers. For more information on how Popcorn Time works and what you can do for avoiding ransomware on your system, keep reading.

Ransomware is nothing new. Cybersecurity miscreants have been taking advantage of online users for years by requiring payment to "unlock" a victim's computer. What Popcorn Time does differently is giving users the option to spread the virus to two other victims in the hopes that they will pay the ransom -- a tactic that promises to double their money at the expense of your sense of morality (and at the expense of your friendships as well).

The Cost of Popcorn

When you inadvertently download this ransomware, you will be met with a screen that explains that your files have been hijacked/encrypted, and that to get them back you will need to pay one Bitcoin for a decryption key that they keep stored remotely. The Bitcoin fee is usually more than $700, a hefty price to pay during any season but particularly difficult for those infected during the holiday season.

Spread the "Holiday Cheer" and Hope they Bite

What makes Popcorn Time unique is the option victims have to take their cost away by allowing the ransomware to affect two of their friends for a chance to get a free decryption code. Of course, it works only if both friends pay the ransom, which leaves you looking (and feeling) like the Grinch.

Avoiding Popcorn Time this Season

The easiest way to avoid downloading ransomware is to stay off of sites that might contain questionable files. However, this is nearly impossible for modern users, and many hackers are getting good at making their files look legitimate. Limit your exposure to potential ransomware by keeping your software up-to-date and your computer protected with a security program from a reputable company (for example Norton or Symantec). If you need to learn more about how you can be avoiding ransomware while you're online, give our professional cybersecurity consultants a call. We'll keep you away from the popcorn this season. Published with permission from TechAdvisory.org. Source.

December 28, 2016
Author

Get Bulletproof IT Today

Need help with your business technology? 
Contact Us Today
Recent Posts
Notice of Global Technology Supply Chain Shortage

To our valued clients and business partners, The World Health Organization has officially declared COVID-19 a pandemic, with global economic implications that we have already begun to see. The supply chain consequences stemming from the current lock-down in China are real, and we are feeling the impact now in Canada. What does this mean for […]

Read More
Assessing Your Technology with a Managed Service Provider

Many small to mid-sized businesses do not have their own IT department or the capabilities to maintain their network infrastructure in-house. That’s where a managed service provider comes in. The right MSP can be a game-changer for your company. They can help streamline your technology so that you worry less about failing computers and more […]

Read More
envelopelocation-arrow
Bulletproof IT Support And Managed Services
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram