New Ransomware Strain Hits the Chinese Web; Infects 100K PCs

A report from Chinese security firm Huorong, the malware, named ‘WeChat Ransom’ in a few reports, came into existence on December 1 and the quantity of infected systems has developed to more than 100,000 as of December 4.

Security specialists who analysed the attack said that other than encoding records, the ransomware additionally incorporated an information-stealing component that collected login credentials for a few Chinese online services, like Alipay, Baidu Cloud, NetEase 163, Tencent QQ, and Taobao, Tmall, and Jingdong.

Chinese security organizations examining the malware concur that it is a long way from a complex risk that can be effortlessly defeated. Although it professes to delete the decryption key if the victim neglects to pay the ransom by a specific date, document recuperation is as yet conceivable in light of the fact that the key is hardcoded in the malware.

Specialists from Huorong examining this ransomware string have found a name, a cell phone number, a QQ account, and an email address that could enable police to identify and catch the thief.

This most recent ransomware campaign anyway is additionally not the first occasion when those Chinese-based ransomware creators have utilized WeChat as a ransom payment dealing strategy. The ones who committed this deadly error in the past have been captured by the officials within months.

The Chinese police, in general, have a decent reputation of capturing the hackers within weeks or months after a specific malware crusade stands out as truly newsworthy.

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