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CryptoFinancial Ransomware

Posted: July 8, 2016

Threat Metric

Threat Level: 10/10
Infected PCs: 17
First Seen: July 8, 2016
OS(es) Affected: Windows


The CryptoFinancial Ransomware is a Trojan that contrives symptoms typical of a file encryption attack while its real payload just erases data. As with an actual file encryptor, preventative security standards, along with strict backup schedules are essential elements in limiting the CryptoFinancial Ransomware's capacity for causing damage. When prevention fails, malware experts only can endorse removing the CryptoFinancial Ransomware with anti-malware tools immediately before it can erase any additional content.

How Threats Finances Themselves with False Pretenses

Even Trojans that rely on communicating with their victims are known for varying degrees of dishonesty. The consequences of taking a threatening program at its word are particularly transparent with threats like the CryptoFinancial Ransomware, a newly-identified Trojan with a strong resemblance to June's TowerWeb Ransomware. Both of these threats use the disguise of being data encryptors for the purpose of extracting ransoms, even though malware experts see a lack of real encryption functions in either program.

Much like TowerWeb Ransomware, the CryptoFinancial Ransomware deletes data on your PC unassociated with essential operating system functions. Documents, audio files, movies, spreadsheets, and compressed archives all are some of the formats most often at risk of being attacked by threats of the CryptoFinancial Ransomware's classification. Malware researchers saw no symptoms associated with the initial file-scanning and deleting behavior, which may go unnoticed without the presence of security tools identifying the threat's background presence.

After deleting your data, the CryptoFinancial Ransomware loads a ransom message nearly identical to the one used by TowerWeb Ransomware. Although the CryptoFinancial Ransomware avoids using the previous 'Anonymous' theme, its text continues presenting its attacks as supposedly being an act of encryption, coupled with moving the content to a hidden drive partition. While the CryptoFinancial Ransomware loads an image file claiming that making a Bitcoin payment will give you access to a decryptor for reversing its attack, in reality, the CryptoFinancial Ransomware provides no recovery solution in return for the money.

The Cost of Lacking a Little Trojan Prevention

Standard file encryptor Trojans may deliver questionable services in return for any payments rendered, such as decryption applications that damage your data further or can't restore all affected data. These risks force malware experts to recommend almost any alternative to paying a ransom in return for a decryption application. However, the most obvious gap between risk and reward with such actions lies with threats like the CryptoFinancial Ransomware, who mislead their victims for the purpose of collecting money without giving anything back afterward.

Advanced recovery software or backups stored in locations inaccessible to the CryptoFinancial Ransomware are two means of protecting the contents of your PC from this Trojan's attacks. Malware experts also stress the value of protecting yourself from the infection techniques most often in use by these threats, including corrupted e-mail attachments and links to exploit kit-hosting Web pages. Browser security tools and file-scanning products can provide real-time protection against the majority of these attacks while updating your software can lower the presence of vulnerabilities for installing the CryptoFinancial Ransomware arbitrarily.

Although the CryptoFinancial Ransomware's symptoms are high in visibility, the program's components most likely will conceal themselves with non-standard names and locations. Use anti-malware products for removing the CryptoFinancial Ransomware and confirming that no other threats are on any compromised PC.

At its worst, the CryptoFinancial Ransomware shows that threat authors need access to no functions more significant than your operating system's built-in deletion feature to cause great harm and, potentially, get access to equally large sums of money.

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