Devices Infected With New Ransomware Versions Will Execute DDoS Attacks

By May 25, 2016Bitcoin Business

A combination of Ransomware and DDoS attacks is heralding a new wave of cyber attacks against consumers and enterprises around the world. Security experts are concerned this may become a standard practice going forward; this is not good news by any means. Ransomware And DDoS Is A Potent Mix

Over the past few years, ransomware attacks have become the norm rather than an exception. But the people responsible for these attack continue to improve their skills, and infected machines will now start executing distributed denial of service attacks as well. Not only will users not be able to access their files, but the device will also become part of a botnet attacking other computers and networks around the world.

KnowBe4 CEO Stu Sjouwerman stated: “ Adding DDoS capabilities to ransomware is one of those ‘evil genius’ ideas. Renting out DDoS botnets on the Dark Web is a very lucrative business, even if prices have gone down in recent years. You can expect [bundling] it to become a fast-growing trend.” One of the first types of ransomware to embrace this new approach is Cerber , a Bitcoin malware strain which has been wreaking havoc for quite some time now. Attacks have been using “weaponized” Office documents to deliver malware to computers, which would then turn into a member of a botnet to DDoS other networks.

While some people see this change as a logical evolution of ransomware attacks, this is a worrying trend, to say the least. Assailants can come up with new ways to monetize their ransomware attacks, even if the victim decides not to pay the fee. As long as the device is infected, it can be used to execute these DDoS attacks, which is a service worth the money to the right [wrong] people.

A recent FireEye report […]

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