What Is Midas Ransomware?
Why are all your valuable files locked and renamed with the malicious extension .newwave? Because your PC has been infected by Midas ransomware.
Midas is a typical data locker that damages essential system settings, locks personal files and extorts a ransom fee. The threat has been released around the web in active campaigns.
The malicious payload file of this ransomware may have landed on your PC via a fake software update, a malicious torrent file, a corrupted software installer, an email attachment, an advertisement, or a visit to a dangerous link.
It is mandatory that you act to secure your infected computer by removing Midas ransomware files and objects.
|A data locker ransomware designed to plague system settings, utilize strong cihper algorithm and encrypt valuable files.
|Important files are locked and a ransom message insists on payment in BitCoin for a decryption tool.
|Ransom Demanding Note
|RESTORE_FILES_INFO.txt and RESTORE_FILES_INFO.hta
|Spam Emails, Email Attachments, Hacked Websites
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Midas Virus – How Did I Get Infected?
The so-called Midas ransomware is a newly discovered cryptovirus that has appeared on the malware landscape. Shady mechanisms including malspam, malvertising, malicious advertising, freeware installers, fake software update notifications, and corrupted web pages may be among the distribution channels used for this ransomware. Typically, the main method is malspam. Hence, massive email spam campaigns that try to deliver and activate the malicious code of Midas may have reached your inbox too.
Midas Virus – What Does It Do?
The activation of malicious files related to Midas ransomware leads to the corruption of essential system settings. Changes affect system security, diminish the performance and leave the infected system extremely vulnerable to future malware attacks.
After Midas passes through a few attack stages, it conducts an encryption process. The encryption of personal files is followed by the load of a ransom note. This note is stored in the file RESTORE_FILES_INFO.txt. Here is what the ransom note says:
“All your files are encrypted and cannot be recovered.”
All your documents have been uploaded and compromised
-What data was received:
Contracts, financial documents, HR documents, client information, etc.
Over 400 GB of confidential information.
-What will become of you:
You have 72 hours to get in touch with us, if during this time you do not contact us, all your information will be published in our blog.
Anyone can access it.We will inform the client, employees, and merge your information with other hacker groups.
You will receive multiple lawsuits, suffer huge financial losses, and lose your reputation.
How to get to our page
Download Tor browser – hxxps://www.torproject.org/
Install Tor browser
Open link in Tor browser –
Follow the instructions
Like most infections of this type including the recently detected STOP ransomware strains Mljx virus and Hgsh virus, Midas ransomware renames compromised files with a malicious extension. The ransomware prevents the owners of .newwave from using them.
The virus may also try to delete all Shadow Volume Copies created by the Windows system. This action will eliminate one of the available data recovery options. But if you have a recent backup on an external drive or a cloud platform you can restore .newwave files at ease.
.newwave Files – What Are They?
During the data encryption stage, the Midas virus utilizes a cypher algorithm to encode target files.
The module scans system drives for certain types of files that are likely to store valuable personal information. All of the following files may be encrypted:
- Image files.
- Audio files.
- Document files.
- Video files.
- Backup files.
- Banking credentials, etc.
For the sake of your personal and PC security, refrain from following their guidance. All the money received from ransom fees will stimulate cybercriminals to create more malicious programs and launch aggressive malware campaigns. Please act wisely and try to solve the problem with the help of the available security measures.
Remove Midas Ransomware and Try to Restore Files
What should you do when your PC and data have been hit by Midas ransomware? Here we will present the secure way to deal with Midas ransomware and similar infections. First, you have to ensure that no malicious files are still running on the infected operating system. For this purpose, you need to locate these malicious files and entries and remove them. This will prevent them from causing an impact on regular system performance.
Once you secure the system against nasty ransomware operations, you should back up encoded files to an external drive. Finally, you can proceed with the data recovery process. In the guide below we included alternative data recovery methods that may be efficient for some of your locked files. Bear in mind that these methods may be helpful to some degree. They do not guarantee the full recovery of all encoded files.
In the event that we spot a release of a free decryption tool for Wnmd ransomware, we will include all needed details in this ransomware removal guide. Keep in touch.
What is Midas Ransomware?
Midas is a ransomware infection - the malicious software that enters your computer silently and blocks either access to the computer itself or encrypt your files.
Many ransomware viruses use sophisticated encryption algorithms to make your files inaccessible. The goal of ransomware infections is to demand that you pay a ransom payment to get access to your files back.
What Does Midas Ransomware Do?
Ransomware in general is a malicious software that is designed to block access to your computer or files until a ransom is paid.
Ransomware viruses can also damage your system, corrupt data and delete files, resulting in the permanent loss of important files.
How Does Midas Infect?
Via several ways.Midas Ransomware infects computers by being sent via phishing emails, containing virus attachment. This attachment is usually masked as an important document, like an invoice, bank document or even a plane ticket and it looks very convincing to users.
Another way you may become a victim of Midas is if you download a fake installer, crack or patch from a low reputation website or if you click on a virus link. Many users report getting a ransomware infection by downloading torrents.
How to Open .Midas files?
You can't without a decryptor. At this point, the .Midas files are encrypted. You can only open them once they are decrypted using a specific decryption key for the particular algorithm.
What to Do If a Decryptor Does Not Work?
Do not panic, and backup the files. If a decryptor did not decrypt your .Midas files successfully, then do not despair, because this virus is still new.
Can I Restore ".Midas" Files?
Yes, sometimes files can be restored. We have suggested several file recovery methods that could work if you want to restore .Midas files.
These methods are in no way 100% guaranteed that you will be able to get your files back. But if you have a backup, your chances of success are much greater.
How To Get Rid of Midas Virus?
The safest way and the most efficient one for the removal of this ransomware infection is the use a professional anti-malware program.
It will scan for and locate Midas ransomware and then remove it without causing any additional harm to your important .Midas files.
Can I Report Ransomware to Authorities?
In case your computer got infected with a ransomware infection, you can report it to the local Police departments. It can help authorities worldwide track and determine the perpetrators behind the virus that has infected your computer.
Below, we have prepared a list with government websites, where you can file a report in case you are a victim of a cybercrime:
Cyber-security authorities, responsible for handling ransomware attack reports in different regions all over the world:
Germany - Offizielles Portal der deutschen Polizei
United States - IC3 Internet Crime Complaint Centre
United Kingdom - Action Fraud Police
France - Ministère de l'Intérieur
Italy - Polizia Di Stato
Spain - Policía Nacional
Netherlands - Politie
Poland - Policja
Portugal - Polícia Judiciária
Greece - Cyber Crime Unit (Hellenic Police)
India - Mumbai Police - CyberCrime Investigation Cell
Australia - Australian High Tech Crime Center
Reports may be responded to in different timeframes, depending on your local authorities.
Can You Stop Ransomware from Encrypting Your Files?
Yes, you can prevent ransomware. The best way to do this is to ensure your computer system is updated with the latest security patches, use a reputable anti-malware program and firewall, backup your important files frequently, and avoid clicking on malicious links or downloading unknown files.
Can Midas Ransomware Steal Your Data?
Yes, in most cases ransomware will steal your information. It is a form of malware that steals data from a user's computer, encrypts it, and then demands a ransom in order to decrypt it.
Can Ransomware Infect WiFi?
Yes, ransomware can infect WiFi networks, as malicious actors can use it to gain control of the network, steal confidential data, and lock out users. If a ransomware attack is successful, it could lead to a loss of service and/or data, and in some cases, financial losses.
Should I Pay Ransomware?
No, you should not pay ransomware extortionists. Paying them only encourages criminals and does not guarantee that the files or data will be restored. The better approach is to have a secure backup of important data and be vigilant about security in the first place.
What Happens If I Don't Pay Ransom?
If you don't pay the ransom, the hackers may still have access to your computer, data, or files and may continue to threaten to expose or delete them, or even use them to commit cybercrimes. In some cases, they may even continue to demand additional ransom payments.
Can a Ransomware Attack Be Detected?
Yes, ransomware can be detected. Anti-malware software and other advanced security tools can detect ransomware and alert the user when it is present on a machine.
It is important to stay up-to-date on the latest security measures and to keep security software updated to ensure ransomware can be detected and prevented.
Do Ransomware Criminals Get Caught?
Yes, ransomware criminals do get caught. Law enforcement agencies, such as the FBI, Interpol and others have been successful in tracking down and prosecuting ransomware criminals in the US and other countries. As ransomware threats continue to increase, so does the enforcement activity.
About the Midas Research
The content we publish on SensorsTechForum.com, this Midas how-to removal guide included, is the outcome of extensive research, hard work and our team’s devotion to help you remove the specific malware and restore your encrypted files.
How did we conduct the research on this ransomware?
Our research is based on an independent investigation. We are in contact with independent security researchers, and as such, we receive daily updates on the latest malware and ransomware definitions.
To better understand the ransomware threat, please refer to the following articles which provide knowledgeable details.
As a site that has been dedicated to providing free removal instructions for ransomware and malware since 2014, SensorsTechForum’s recommendation is to only pay attention to trustworthy sources.
How to recognize trustworthy sources:
- Always check "About Us" web page.
- Profile of the content creator.
- Make sure that real people are behind the site and not fake names and profiles.
- Verify Facebook, LinkedIn and Twitter personal profiles.