Home Malware Programs Ransomware Bitcoin-x2 Ransomware

Bitcoin-x2 Ransomware

Posted: December 20, 2017

Threat Metric

Threat Level: 8/10
Infected PCs: 83
First Seen: November 21, 2022
OS(es) Affected: Windows

The Bitcoin-x2 Ransomware is a file-locking Trojan that's capable of encrypting various formats of media, with its most probable targets including formats like Word documents or JPG pictures. The Bitcoin-x2 Ransomware also creates notes that ask victims transfer a sum in Bitcoins as the price for unlocking the files. While malware experts recommend having anti-malware protection remove the Bitcoin-x2 Ransomware immediately, backups can provide significant assistance with recovering from an infection.

Two Ways of Illegal Money Generation for One Infection

Efficiency with the threatening software industry often boils down to using threats that include features without any direct relationship to each other. While a victim may notice Trojans like the Bitcoin-x2 Ransomware from their highly specific symptoms, simultaneously, the infection may conduct additional attacks without any evidence. As a result, multi-faceted Trojans like the Bitcoin-x2 Ransomware double their chances of making any profit from every successful infection.

The Bitcoin-x2 Ransomware's encryption feature searches through non-critical folders on Windows systems and locks different formats of files, such as text documents, spreadsheets, general databases, archives, pictures or audio clips automatically. Malware analysts have yet to determine whether or not the Bitcoin-x2 Ransomware's cipher is hard-coded or breakable by third parties and anything that the Bitcoin-x2 Ransomware blocks may be impossible to restore without help from its threat actors. Cybercrooks charge Bitcoins or other, non-refundable payments for their assistance traditionally.

This Trojan's other feature of note is its installation of the 'Bitcoin-x2' app, which is a non-threatening, low-resource, Bitcoin-generating application. Although Bitcoin miners aren't harmful when running under safe configurations and with the user's consent, in circumstances where threat actors maintain them on other users' computers, they can cause performance issues or even hardware damage.

Pulling a Cryptocurrency Robber out of Stealth

Because Bitcoin-creating applications have the potential to overuse hardware extensively, an untreated Bitcoin-x2 Ransomware infection may cause other, unexpected symptoms. Your apps may crash or run poorly and the risk of experiencing a failure of individual system components, such as the GPU, is non-negligible. In the meantime, the Bitcoin-x2 Ransomware's encryption attack also can restrict the user's access to numerous digital media types, which may buy time for the Bitcoin-generating module to run.

Malware experts have only a small amount of samples of the Bitcoin-x2 Ransomware available for inspection, but current versions of this Trojan are highly successful at evading the detection attempts of various threat databases. The Bitcoin-x2 Ransomware is obfuscating its code with the help of archive compression, and there is a possibility of other threats assisting with its automatic installation. Always update your anti-malware products when appropriate to raise their detection rates against the newest threats. Deleting the Bitcoin-x2 Ransomware with such software before it encodes anything is the most secure response possible.

The Bitcoin-x2 Ransomware is a danger to both your hardware and your work media, but only openly shows off the latter feature. What's hiding beneath a Trojan's exterior is sometimes even worse than its facade, especially for victims without the anti-malware protection to tell the difference.

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