Cyber-criminals Offer Christmas Ransomware Discount

frogboy

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Cyber-criminals appear to be getting into the Christmas spirit, with one group offering ransomware victims who intend to pay a festive discount of more than half the original cost.

Security vendor Forcepoint spotted the seasonal campaign from the black hats behind the CryptXXX ransomware variant.

Whereas the group typically charges victims 1.2 Bitcoin ($1040) to get their files back, the special Christmas price is now 0.5 Bitcoin ($433).

The new pop-up window apparently displays once the user has decided to pay up and clicks through to one of the Tor-based payment sites.

CryptXXX is one of the few ransomware families that security researchers have had success with, releasing a decryptor tool for it back in May.

However, that effort and a second tool were both rendered useless by new versions of the ransomware developed to circumvent these efforts.

In the meantime, ransomware continues to cause businesses and consumers chaos and misery.

There was one attack every 40 seconds on businesses by Q3 and one in 10 seconds targeting consumers, according to Kaspersky Lab.

Meanwhile, Trend Micro claimed new ransomware families spiked an astonishing 400% between January and September this year, thanks to code that was made publicly available.

However, the vendor predicted more modest growth of 25% in 2017 – translating as an average of 15 new families each month.

It also claimed that cyber-criminals would increasingly look to Business Email Compromise (BEC) scams to generate larger profits.

The average payout for a successful BEC or CEO fraud attack is $140,000, versus just one Bitcoin ($869) for a ransomware attack, the vendor said in its 2016 predictions report.

This year, the true scale of the ransomware epidemic in the UK began to emerge, thanks to a series of Freedom of Information (FoI) requests from various parties.

Read More. Cyber-criminals Offer Christmas Ransomware Discount
 

DardiM

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Sorry but I can't tell if this is just the malware authors being serious or just laughing at the victims, it seems like a joke to me... There is no positive thing about encrypting someones files and requesting a ransom, at all, even if it is at a "discounted" price.
I totally agree !
I can encrypt files for free, If someone need.

I am sure One day we will see "Choice the amount of money you can afford to pay, in this list, God richly bless you"
 
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Svoll

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Well, then I hope to be infected during the Christmas holidays, so I will can take advantage of the discount! :p:p:D:eek:

That had me laughing so hard!!!! Funniest thing i have read during my time here..... I am afraid If i post this on the post, Mods might get mad at me and would feel bad sidetracking off Froggies post!!! It's worth it!!! and Sorry Froggie for sidetracking, it still had me laughing after 10 minutes

its ingenious, ironic, metaphorical, sarcastic and flat out the funniest thing when you mixed those together.


What ampifies it more for me was you are an AV tester..... Those ransomware has no chance.... :D
 
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SHvFl

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It's because they assume a decryptor will appear again because they are not very good at what they do. So with a lower price maybe more will pay and not wait for a decryptor.
For sure it's not because it's Christmas.
 

jamescv7

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Come on, it is still expensive and generally you cannot make any dramatic discount up to 99% since the purpose of ransomware is to gather the highest amount as possible.

Fortunately once the ransomware is existed then a decryptor is also available without charge; but depends on the difficulty of the strain if succeed.
 

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