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BTC Ransomware

Posted: November 7, 2016

Threat Metric

Threat Level: 2/10
Infected PCs: 77
First Seen: November 7, 2016
Last Seen: October 4, 2022
OS(es) Affected: Windows

The BTC Ransomware, also referred to as the BTCLocker Ransomware or the BTC Virus, is a Trojan that blocks your files by encrypting them, a function that reorganizes their internal data via a cipher. Encryption attacks by the BTC Ransomware include its creation of a ransom message for the supposed purpose of paying to get your data returned, although the transaction comes with no guarantees. Standard safety practices for PC usage, including making backups and having anti-malware products for removing the BTC Ransomware infections, remain recommended.

Another Cryptocurrency Coin in an Extortionist's Pocket

The dualism of technological advancement inevitably facilitates certain types of misdeeds, even while providing law-abiding citizens with innovative ways to participate in society and the economy. For con artists developing or merely administrating Trojan campaigns, one of the most significant of such advancements has been the rise of Bitcoin. Along with other cryptocurrencies, Bitcoin allows con artists to use Trojans like the BTC Ransomware to extort money through transactions that are fast, simple, and essentially untraceable.

The BTC Ransomware enacts its ransom tactic through file-encrypting attacks similar to those of the Crysis Ransomware and the Troldesh Ransomware families. The BTC Ransomware can encrypt content such as documents, images, audio clips or compressed archives. Programs associated with these files no longer can be opened until you decrypt them, a service that the BTC Ransomware holds behind a Bitcoin-based paywall.

Malware experts also correlated the BTC Ransomware with many of the symptoms seen in other file-encrypting Trojans, including:

  • The BTC Ransomware drops a Notepad message onto the desktop with details on how to contact its threat actors and initiate the ransom proceedings. The grammar in use suggests that the BTC Ransomware's threat actors are availing themselves of an automatic translation service instead of being native English speakers.
  • Victims should be able to identify all content that the BTC Ransomware encrypts by the insertion of its '.BTC' extension into every file name. The Trojan doesn't remove any original extension (for example, 'workdocument.doc' would become 'workdocument.doc.BTC').

Making Sure that a Bitcoin Thief's Accounts are as Empty as Possible

Although the PC security sector has yet to develop a free decryption option for the BTC Ransomware, PC owners can continue using other data storage options that nullify the threat behind its extortion attempts. Malware experts wouldn't suggest relying on local backups or default, Windows rollback-based solutions exclusively. On the other hand, backups on external drives and cloud services often are capable of avoiding any deletion attempts by the BTC Ransomware and threats like it.

When not recovering from a successful the BTC Ransomware infection, PC owners also can implement protections such as avoiding unsafe Remote Desktop settings, disabling in-browser scripts that are subject to hosting exploits, or scanning their downloads before opening them. Anti-malware suites able to detect and delete the BTC Ransomware when it hasn't had an opportunity to scan your drive and encrypt its contents can provide one of the cheapest recovery options for any system.

Malware experts haven't confirmed any other threats with direct relations to the BTC Ransomware, but, if cryptocurrencies continue fulfilling their promise of privacy in cash transactions, the distribution of similar Trojans in the wild is all but certain.

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