Professor Outlines Ransomware Attack on BBC
Prof Bill Buchanan outlined the ransomware attack on a Glasgow-based SME on BBC Scotland 2015 on 27 October 2015.
Previously Cryptolocker and Cryptowall have targeted individuals and
large organisations, but it has now been used to target a Glasgow-based
SME. It works when a malware program is run on the computer, which then
contacts a command and control (C&C) server to generate a new
encryption key, which is then used to encrypt files on the user's
machine. The user then gets a message that they must pay the random, or
they will not get able to access their files. Once paid the key is send
to the user and they can normally recover their files.
In this case 1,000 Euros were paid in bitcoins to release company documents, such as payroll and stocking levels.
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