Sputnik Radio: BadRabbit Malware

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BadRabbit – Russian Radio Sputnik interviews LGMS founder

BadRabbit – A new virus named BadRabbit has attacked computers worldwide, taking down three Russian news websites, computer systems of Kiev’s subway and Ukraine’s international airport in the city of Odessa.

It encrypts the contents of a computer and promises to release the data for 0.05 bitcoins (about $276).

The new ransomware is a modified version of the NotPetya virus. The BadRabbit connection with NotPetya is indicated by matches in the code.

Ransomware is a type of malicious software from cryptovirology that threatens to publish the victim’s data or perpetually block access to it unless a ransom is paid. While some simple ransomware may lock the system in a way which is not difficult for a knowledgeable person to reverse, more advanced malware uses a technique called cryptoviral extortion, in which it encrypts the victim’s files, making them inaccessible, and demands a ransom payment to decrypt them.

Ransomware attacks are typically carried out using a Trojan that is disguised as a legitimate file that the user is tricked into downloading or opening when it arrives as an email attachment.

We have to prepare for more significant cyberattacks. – CF Fong

Ilya Sachkov, head of Russia’s cyber security firm Group-IB, said in some countries virus completely stopped work of some companies, encrypting their servers and workstations. Sachkov stressed that the ransomware works the same way as virus NotPetya, which has recently infected more than 12 thousand computers worldwide.

Radio Sputnik discussed the issue with Chong-Fook Fong, CEO of LGMS, the professional info security service firm from South Asia, specialized in computer crime investigation, penetration testing and various info security compliance.

(excerpt from SputnikNews)

Full article from SputnikNews

 

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