While everyone is in the spirit of giving this holiday season, there is something to say about giving for the wrong reason. A new strand of ransomware is a good example of this. It’s called Popcorn Time. This new strand of ransomware will allow you two options if your computer is infected. You can choose to pay the ransom or you can choose to forward the ransomeware email on to other people in your contacts. If your efforts successfully infect two other computers, you will receive a decryption code for your computer.
Up to this point, this method had been unheard of and it pushes the boundary of social engineering scams to a new level. This method is likely to make the infection rate significantly higher as the ransomeware is coming from a trusted and legitimate source. Another nasty feature of Popcorn Time is that if you enter a false decryption code four times, it will start deleting files.
It can’t be stressed enough that unless you are expecting an email, you should not open any attachments unless you have confirmed the legitimacy of the email through another source of communication. Like with any other ransomeware, if your computer is infected, your best hope is to rely on your data backup system.
As an IT New Years resolutions it may be a worthy pursuit to be sure that your backups are running smoothly and if you haven’t made the investment into a backup solution yet, there has never been a better time. These social engineering scams are real and are becoming more and more clever by the day. Protect your investments and your company by putting up measures to insure against attacks like these. For more information, contact eTop for a free consultation.