International Cyber Expo International Cyber Expo
  • About Us
Tuesday, 21 July, 2026
IT Security Guru
International Cyber Expo
  • Home
  • Features
  • Insight
  • Channel News
  • Events
    • Most Inspiring Women in Cyber 2026
  • Topics
    • Cloud Security
    • Cyber Crime
    • Cyber Warfare
    • Data Protection
    • DDoS
    • Hacking
    • Malware, Phishing and Ransomware
    • Mobile Security
    • Network Security
    • Regulation
    • Skills Gap
    • The Internet of Things
    • Threat Detection
    • AI and Machine Learning
    • Industrial Internet of Things
  • Multimedia
  • Product Reviews
  • About Us
No Result
View All Result
  • Home
  • Features
  • Insight
  • Channel News
  • Events
    • Most Inspiring Women in Cyber 2026
  • Topics
    • Cloud Security
    • Cyber Crime
    • Cyber Warfare
    • Data Protection
    • DDoS
    • Hacking
    • Malware, Phishing and Ransomware
    • Mobile Security
    • Network Security
    • Regulation
    • Skills Gap
    • The Internet of Things
    • Threat Detection
    • AI and Machine Learning
    • Industrial Internet of Things
  • Multimedia
  • Product Reviews
  • About Us
No Result
View All Result
IT Security Guru
No Result
View All Result

Sophisticated CryptoDefense ransomware detected

by The Gurus
May 28, 2014
in Editor's News
Share on FacebookShare on Twitter

Fresh ransomware that is distributed via Java drive-by-downloads and requires a private key has been detected.
 
The CryptoDefense ransomware locks all files including videos, photos and documents and uses a unique public key RSA-2048 which is located “on a secret server on the internet”, according to research by Bromium.  However, a flaw, which Bromium suspected will be fixed in an update, found that due to an implementation flaw, the decryption key can also be found on the computer.
 
A whitepaper said: “We were able to capture the sample inside a micro-VM implemented in our product, so we have all the files and traffic involved in the attack. This allows us to skip the Java exploit and first layer dropper for now and focus on the actual malware dropped. If we find something noteworthy in other parts of attack we’ll post a follow up article.”
 
In the case of CryptoDefense, it makes sure system tools cannot recover files as shadow copies are removed and system restore is disabled. According to a report by Symantec, CryptoDefense first showed up at the end of February 2014 and by the end of March there were at least 11,000 detections.
 
Bromium’s analysis of CryptoDefense found that it locked the same files as CryptoLocker, but users are given a month to pay rather than the short two-to-three day period that CryptoLocker gave users. Also, it requires a user to visit their personal page on the CryptoDefense website.
 
Bromium admitted that the rate of new crypto malware attacks seems to be increasing, and that this appears to be a profitable business for the underground crimeware gangs.
 
Luis Corrons, head of PandaLabs, told IT Security Guru that the truth is that he sees ransomware as something that is going to stay with us for a long time. “We have not received a single incident from this CryptoDefence, but we are stopping the infection process at the exploit level, so the malware is always stopped before infecting the computer.”
 
Asked if he felt that businesses were taking ransomware seriously, BH Consulting CEO Brian Honan said: “The crypto used by the criminals in ransomware is pretty much unbreakable as it is similar to the encryption algorithms used by many companies to protect their data. So once infected there is little to no hope of recovering the data without the appropriate key to decrypt the data.
 
“From my experience most individuals affected has opted to pay because they have had no other option, although a few did not pay and simply rebuilt their computers and suffered the loss of their data. Most of these people were individuals. For each business customer I have come across impacted by Ransomware they have all opted to pay the ransom (usually between €3,000 to €5,000) as they could not afford to lose their data. Ironically, many comment they would rather spend that money on securing their data rather than paying criminals to retrieve.”

Tags: Ransomware
ShareTweet
Previous Post

Arrest warrant and identity check phishing detected in eBay attack wake

Next Post

Cyber attackers ‘target healthcare and pharma companies’

Recent News

What Does the Cyber Industry Want to See From the New UK Government?

What Does the Cyber Industry Want to See From the New UK Government?

July 20, 2026
Purple Logo, capitalised letters: SALT.

Salt Security tackles AI governance challenge with 100 pre-built agentic security policies

July 20, 2026
New Continuous Runtime Security Validation service aims to strengthen fintech cyber resilience

New Continuous Runtime Security Validation service aims to strengthen fintech cyber resilience

July 20, 2026
Scams Now Drive Almost Half of All Malware Detections as Attackers Weaponise Everyday Trust

Scams Now Drive Almost Half of All Malware Detections as Attackers Weaponise Everyday Trust

July 20, 2026

Eskenzi PR banner ad

The IT Security Guru offers a daily news digest of all the best breaking IT security news stories first thing in the morning! Rather than you having to trawl through all the news feeds to find out what’s cooking, you can quickly get everything you need from this site!

Our Address: 10 London Mews, London, W2 1HY

Follow Us

© 2015 - 2026 IT Security Guru - Website Managed by Dessol

  • About Us
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
No Result
View All Result
  • Home
  • Features
  • Insight
  • Channel News
  • Events
    • Most Inspiring Women in Cyber 2026
  • Topics
    • Cloud Security
    • Cyber Crime
    • Cyber Warfare
    • Data Protection
    • DDoS
    • Hacking
    • Malware, Phishing and Ransomware
    • Mobile Security
    • Network Security
    • Regulation
    • Skills Gap
    • The Internet of Things
    • Threat Detection
    • AI and Machine Learning
    • Industrial Internet of Things
  • Multimedia
  • Product Reviews
  • About Us

© 2015 - 2026 IT Security Guru - Website Managed by Dessol