CryptoWall v4 Emerges Days After Cyber Threat Alliance Report
released on 2015-11-08 @ 04:11:21 PM
Beginning on October 30, 2015, Palo Alto Networks began seeing instances of this new version of CryptoWall, which some researchers have begun calling version 4. This new version CryptoWall includes multiple updates, such as a more streamlined network communication channel, modified ransom message, and the encryption of filenames. These changes not only make it more difficult for the victim to identify what files have been encrypted, but also may thwart security protections currently in place for the CryptoWall threat.
CryptoWall is a type of malware known as ransomware, which encrypts a victim’s files and subsequently demands payment in exchange for the decryption key. The ransom payment is typically collected using a form of crypto-currency, such as Bitcoin. Ransomware has been responsible for many millions of dollars in damages, and CryptoWall is one of the most lucrative ransomware families in use today.