Explore the latest news and trends  

Sign up for our weekly security newsletter

Be the first to receive important updates on security


Ransomware-as-a-Service Appears, Wants 10% Cut in Profit

Csoonline.com reported on 12th November, 2015, stating that a new service has been launched recently, which offering a novel ransomware solution is named CryptoLocker to anyone who is spirited to pay 10% of the gathered ransom amount. Additionally, to the main ransomware, the final objective of the business proprietor is to execute more functions to the malicious software, such as connecting it to freshly produced exploits.

The new venture, namely CryptoLocker Service, was recently launched on a standalone Darknet website. The person is running the new venture by using the handle Fakben.

The handle is not new, as it already exists on a few of the major criminal parts of the Internet.

In recent times, Fakben was a user of the Evolution (Evo) marketplace, which is a blackmarket founded by a renowned carder (someone dealing with data of embezzled credit card), after the raid and shutdown of Silk Road in 2013 by law enforcement.

The Evolution owners pulled an exit scandal, and flee with the money in the escrow for the traders of the website, which lead to ultimate closure of the site itself. After that, the customers and merchants spread to the winds, Fakben being one of them.

After few months, former users of Evo have now started their personal business.

CryptoLocker Service needs a fee of US$ 50, which customers have to pay to obtain the basic ransomware payload.

This is not a whole ransomware-as-a-service platform because users still need to spread the ransomware amongst the victims.

"We are not interested to find out who will be infected, or what type of methods you will use, however it is vital for you to use brain and intelligence for spreading it. We will continue to work in the CryptoLocker settings, improving methods for being undetected by AV. We will give all the support which customers need through Jabber service, FAKBEN team states on their website", as per the published news on 13th November, 2015, by Softpedia.com.

The group informed that the ransomware will take-off in days to come.

Writing ransomware is a difficult business, and several would-be VXers have quickly failed. This example is significant of the Tox ransomware-as-a-service, which fell to ruin shortly after it appeared.

ยป SPAMfighter News - 11/27/2015

3 simple steps to update drivers on your Windows PCSlow PC? Optimize your Slow PC with SLOW-PCfighter!Email Cluttered with Spam? Free Spam Filter!

Dear Reader

We are happy to see you are reading our IT Security News.

We do believe, that the foundation for a good work environment starts with fast, secure and high performing computers. If you agree, then you should take a look at our Business Solutions to Spam Filter & Antivirus for even the latest version of Exchange Servers - your colleagues will appreciate it!

Go back to previous page