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Bitcoin e ransomware, Galinha ou o ovo

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“Você não pode parar coisas como Bitcoin. Ele vai estar em toda parte e que o mundo terá de reajustar. Os governos do mundo terá que reajustar”
– John McAfee, Founder of McAfee

Q: Did Bitcoin enable multi-million cybercrime operations such as Zepto, Locky e Cerber?

UMA: Provavelmente.

Neste exato momento, ransomware is the most prevalent, most devastating and most feared (malicioso) cyber threat. And this claim is not exaggerated, not one bit. Not only has ransomware put millions of users worldwide in despair, but it also has had a disastrous effect on major industries. Infelizmente, healthcare organizations have been a primary target of ransomware, to some extent putting patients’ lives at risk. One’s personal data, especially health records, is not a joke, and ransomware operators know that all too well to demand huge ransoms. The hospital is left with no choice but to pay the ransom, no matter its size, and go back to normal as soon as possible.

The worst part is that security engineers have been warning the community about the dangers ransomware poses but both users and organizations have failed to protect their data or minimize the risks of such attacks. One of the most scandalous crypto virus attacks happened this year at the Hollywood Presbyterian Medical Center. Because their IT systems were locked down, the hospital was forced to declare an internal emergency. This was not an isolated case, as many attacks on hospitals followed.

No matter whether the victim is a regular user, a business or an organization, ransomware cases all have something in common. Bitcoin. Even though ransomware is somewhat 20 years older than Bitcoin, current events drive us to think that there’s a connection between the growth of ransomware and the growth of Bitcoin.

How much do we know about Bitcoin?

As explained by Investopedia, Bitcoin is a digital currency created in 2009. It follows the ideas set out in a white paper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified. Bitcoin offers the opportunity of lower transaction fees than traditional online payment schemes and is operated by a decentralized authority, unlike government issued currencies. além do que, além do mais, there are no physical Bitcoins, only balances associated with public and private keys. These balances are kept on a public ledger, along with all Bitcoin transactions, verified by a massive amount of computing power.

Bitcoin also offers a secure and mostly untraceable method of working with payments. não é de surpreender, Bitcoin has turned into cyber criminals’ most favorite currency, because it helps cover their activities.

Is there a connection between ransomware and Bitcoin?

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Besides the obvious one (ransom demands in Bitcoin), perhaps there’s another way the two are connected. Parallel to the growth of ransomware, Bitcoin has also grown significantly, especially throughout 2016. Seeking a deeper connection between ransomware and digital currencies is a logical step, especially for the infosec community.

Security researchers definitely see a liaison between the anonymized payment mechanisms Bitcoin provides, e a growth of ransomware.

It’s helping. I think that’s definitely true. The existence of effectively anonymised payment mechanisms definitely plays into the hands of cybercriminals,” David Emm, principal security researcher at Kaspersky Lab, para ZDNet

Contudo, it’s still important to note that online extortion happened long before the birth of Bitcoin. But it wasn’t nearly as successful as ‘modern’ ransomware, and it’s easy to see why. The past has seen plenty of scams based on computer viruses but all of these stories had an unfortunate end for cyber crooks. Por exemplo, crooks that used traditional postal services to receive payments were easily traced and caught.

Mais tarde, cyber crooks moved to online payment systems and began using Western Union and PayPal. The fact that these systems are connected to a bank account turned out to be a big problem. Crooks could get easily arrested.

assim, here we get to Bitcoin, the system that provides complete anonymity and is perfect for cybercrime.

What we just said is somewhat true, but not entirely. sim, Bitcoin is anonymous but this is not the reason why cyber criminals are using it at such an extent. Verdade seja dita, prepaid cards may be a better fit than Bicoin – they are anonymous and can be mailed physically and then used or resold internationally.

além disso, the fact that Bitcoin transactions don’t leave a trail is not true. Bitcoin does leave a trail ofpseudonymous breadcrumbs on the blockchain”:

Blockchain transactions can reveal the structure of organized ransomware crime rings, and individual hackers can be and have been caught and prosecuted.

So why is Bitcoin preferred by cyber criminals? It’s more likely a favorite because it’s “velozes, confiável, and verifiable”.

Q:assim, what does a ransomware operator have to do to remain anonymous?

UMA:Money laundering!

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Vamos pegar o Cerber ransomware campaign. Cerber operators not only demand Bitcoin payments but also run the currency through multiple Bitcoin wallets. This is what a Bitcoin money laundering scheme would look like, a form of money laundering to ensure the safety of cyber criminals.

We saw tens of thousands of victimsBitcoin wallets transferred into one huge wallet. From there it’s transferred to tens of thousands of other wallets. It’s called a mixing service and it’s pretty standard for Bitcoin, – Maya Horowitz, group manager of intelligence operations at Check Point, for ZDNet

To further explain: a cyber-criminal who doesn’t want anyone to be able to trace his money back to him, would have to take it through a mixing service. afinal, the money will get back to him, but not before it was mixed with other money, thus becoming untraceable.


Resumindo: Bitcoin helps cyber criminals sustain anonymity and allows them to cash their ransom funds

Bitcoin brings along othergoodieson the table, like flexibility, and the option to easily move on to new campaigns, which further illustrates the abundance of currently active ransomware operations and the popularity of Ransomware-as-a-Service.

Nota! Baixar a credible anti-malware program to help fight ransomware against infecting your system. Certifique-se de mantê-lo up-to-date para a máxima eficiência.

Milena Dimitrova

Milena Dimitrova

Um escritor inspirado e gerente de conteúdo que está com SensorsTechForum desde o início do projeto. Um profissional com 10+ anos de experiência na criação de conteúdo envolvente. Focada na privacidade do usuário e desenvolvimento de malware, ela acredita fortemente em um mundo onde a segurança cibernética desempenha um papel central. Se o senso comum não faz sentido, ela vai estar lá para tomar notas. Essas notas podem mais tarde se transformar em artigos! Siga Milena @Milenyim

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2 Comentários
  1. Avatarfunkenstein

    Criminals in general prefer privately issued currencies (fiat) because they can issue themselves arbitrary amounts at any time with no public oversight. A few are using public currencies like bitcoin for petty extortion, as you describe.

    Resposta
    1. SensorsTechForumSensorsTechForum

      ransomware (remoção, prevention, restauração de arquivos) is a topic STF is focused on, and Bitcoin is the primary payment method preferred by cybercriminals.

      Resposta

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