Under the malware family, Cryptolocker is one of the most destructive and lucrative (to cybercriminals) ransomware viruses to date. Since its inception in late 2013, hackers who facilitated the old Cryptolocker have been able to transition from a person-to-person to a person-to-business attack, and the number of businesses that fall victim is growing every single year.
How is Cryptolocker spread?
A hacker usually sends an email containing either a link or an attachment that, once opened and executed, discreetly scans all your files and encrypts them with a high-level encryption combination. To regain access to the files, a ransom has to be paid within a given time frame. When ignored and time lapses, the ransom money doubles.
Reports estimated that Cryptolocer made almost half a billion dollars ($500 million) of combined cash and digital assets in 2018 alone.
The report also claims that 60% of all the victims are small to medium-sized businesses. They’re the low-hanging fruit for cybercriminals, simply because these businesses have a less secured, more vulnerable and more easily-exploited IT infrastructure, along with low awareness of malware threats amongst employees.
So, what can you do? Call an expert!
Just like the old saying goes “just leave it to the experts”. If you find yourself in this situation, don’t pay the ransom. Let our team help you get your files back.
Software Threat Engineers at Auxiom have been fighting ransomware and protecting personal and business IT assets for over 10 years. We are proud to say that we have recovered tens of thousands of files and documents without spending a single dime in ransom.
Call Auxiom today to learn more about our Cyrptolocker Removal services.