Blog | G5 Cyber Security

New ransomware CoinVault allows users to decrypt one file for free

Cybercriminals behind a new ransomware program called CoinVault are trying out a new psychological tactic to convince users to pay up — freebies. The new threat was discovered by security researchers from Webroot and is similar in functionality to more prevalent ransomware programs like CryptoWall. Users are asked to pay 0.5 bitcoins — around $200 at the current exchange rate — in order to receive the key that decrypts their files. The program’s one-file-for-free feature is most likely intended to reassure victims that the program’s creators have the ability to decrypt the files.”]

Source: https://www.csoonline.com/article/2848785/new-ransomware-coinvault-allows-users-to-decrypt-one-file-for-free.html

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