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Category — Cryptowall
Hackers are using Nuclear Exploit Kit to Spread Cryptowall 4.0 Ransomware

Hackers are using Nuclear Exploit Kit to Spread Cryptowall 4.0 Ransomware

Nov 26, 2015
Beware Internet Users! Cryptowall 4.0 – the newest version of the world's worst Ransomware – has surfaced in the Nuclear exploit kit , one of the most potent exploit kits available in the underground market for hacking into computers. Ransomware threat has emerged as one of the biggest threats to internet users in recent times. Typically, a Ransomware malware encrypts all files on victim's computer with a strong cryptographic algorithm, then demand a ransom to be paid in Bitcoin (range between $200 and $10,000). Cryptowall is currently among the most widespread and sophisticated family of Ransomware backed by a very robust back-end infrastructure. Also Read: Anyone can Now Create their Own Ransomware using This Hacking ToolKit The recent report dated back to last month suggested that the authors of Cryptowall 3.0 ransomware virus have managed to raise more than $325 Million in revenue in the past year alone. With the debut of Cryptowall 4.0 at the beg...
CryptoWall Ransomware raised $325 Million in Revenue for Its Developer

CryptoWall Ransomware raised $325 Million in Revenue for Its Developer

Oct 30, 2015
The Creators of the notorious CryptoWall ransomware virus have managed to raise more than $325 million (£212 million) in this past year alone. Ransomware has emerged as one of the biggest cyber threats to web users in recent times. Typically, hackers primarily gain access to a user's computer system using a ransomware malware, which encrypts all files with a strong cryptographic algorithm, and demand a ransom money to be paid in Bitcoin, typically between $200 and $10,000. In June 2014, researchers first discovered the CryptoWall ransomware attack, and currently, the latest CryptoWall version 3.0 (CW3) is the most sophisticated and complex family of this malware backed by a very robust back-end infrastructure. Must Read:   FBI Suggests Ransomware Victims — 'Just Pay the Ransom Money' According to the latest report  ( pdf ) published by Cyber Threat Alliance (CTA) , an industry group formed last year to study emerging threats, researchers have disco...
4 Ways to Keep MFA From Becoming too Much of a Good Thing

4 Ways to Keep MFA From Becoming too Much of a Good Thing

Feb 11, 2025IT Security / Threat Protection
Multi-factor authentication (MFA) has quickly become the standard for securing business accounts. Once a niche security measure, adoption is on the rise across industries. But while it's undeniably effective at keeping bad actors out, the implementation of MFA solutions can be a tangled mess of competing designs and ideas. For businesses and employees, the reality is that MFA sometimes feels like too much of a good thing. Here are a few reasons why MFA isn't implemented more universally. 1. Businesses see MFA as a cost center MFA for businesses isn't free, and the costs of MFA can add up over time. Third-party MFA solutions come with subscription costs, typically charged per user. Even built-in options like Microsoft 365's MFA features can cost extra depending on your Microsoft Entra license. Plus, there's the cost of training employees to use MFA and the time IT takes to enroll them. If MFA increases help desk calls, support costs go up too. While these expenses are far less t...
New Cryptowall 3.0 Ransomware Communicates over I2P Anonymous Network

New Cryptowall 3.0 Ransomware Communicates over I2P Anonymous Network

Jan 15, 2015
We have seen a series of Ransomware tended to be simple with dogged determinations to extort money from victims. But with the exponential rise in the samples of Ransomware last year, we saw more subtle in design, including " Cryptolocker " that was taken down along with the " Gameover ZeuS " botnet last June. As a result, another improved ransomware packages have sprung up to replace it — CryptoWall . Ransomware is an emerging threat in the evolution of cybercriminals techniques to part you from your money. Typically, the malicious software either lock victim's computer system or encrypt the documents and files on it, in order to extort money from the victims. Since last year, criminals have generated an estimated US$1 million profits. Now, the infamous Cryptowall ransomware is back with the newest and improved version of the file-encrypting ransomware program, which has been spotted compromising victims by researchers early this week, security research...
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