The prices we’ve seen vary from BTC 0.5 to BTC 1.00 (BTC is short for “bitcoin,” where one bitcoin is currently worth about $400/£280). You can buy the decryption key from the crooks via the so-called dark web. Of course, it doesn’t just rename your files, it scrambles them first, and – as you probably know about ransomware – only the crooks have the decryption key. “Locky” feels like quite a cheery-sounding name.īut it’s also the nickname of a new strain of ransomware, so-called because it renames all your important files so that they have the extension. Thanks to the Emerging Threats Team at SophosLabs for their behind-the-scenes work on this article.
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