In the latest twist, Doxware Ransomware malware will hold your computers hostage and if not paid, it will release sensitive info publicly.
Cyber criminals are getting more creative and gone are the days of pay Ransomware and move on with your business. Recently, there was the new ransomware malware called “Popcorn Time” that would only release your data if you chose one of two options. Option 1 is you pay up or option 2 is for you to send referral links to people you know.
According to a recent report from Malwarebytes Anti-Malware, ransomware malware surpassed 2 million infections that were over a 17% increase from the previous year. The report also shows that cyber criminals were able to gain more than $209 million from ransomware payments in the first quarter of 2016.
Many organizations had setup a proper IT infrastructure including disaster recovery plan to avoid paying ransomware fees. They simply wiped systems clean and restored from backup drives without being held hostage by cyber criminals. This has been a great step however this ransom-avoidance has made cybercriminals become more creative with new Doxware ransomware and Popcorn Time ransomware.
How does Doxware ransomware work? Simple. Cybercriminals hold your computer hostage until you pay the ransom. If you do not pay, it will not only keep your computer encrypted, it will also publicly disclose conversations, photos, and sensitive files. Due to the threat of public exposure, it may entice victims to pay the ransom. Doxware ransomware is very strategic as the cybercriminals will target their victims and aim at corporate leaders, politicians, celebrities, public figures, and even businesses like yours.
Doxware ransomware is still new but evolving daily. It is currently limited to Windows operating systems however as it matures and can infiltrate mobile devices, the threat will become even more pervasive, with text messages, photos, and data from apps at risk for being leaked to the public.
Doxware ransomware is evolving and it is critical to keep data security top of your list.