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How to Avoid Being a Victim of Email-Based Ransomware
The latest version of the ransomware called “GandCrab” is an example of how cyber attackers bait their ransomware victims through email spam campaign.
Last month, security researchers at Fortinet observed a surge in an email spam campaign delivering the latest version of GandCrab ransomware.
GandCrab ransomware is a malicious software (malware) that encrypts files on the compromised computers, locks out users and demands a payment to decrypt or unlock the files.
How Ransomware Victims Are Baited via Email Spam Campaign
The latest version of GandCrab ransomware works by employing spam emails. While these spam emails don’t target specific individuals, it targets specific countries as emails in the US are the primary recipients of this spam campaign, followed by emails in the UK and emails in Canada.
Receivers of these spam emails are tricked into opening these malicious emails as the attackers use these subjects commonly used by people working in an organization:
Once the malware is downloaded to a compromised computer, all the files in the computer are then encrypted, preventing the user to access the files and a ransom note is posted on the computer screen.
This ransom note directs the user to a site using the TOR browser – a browser designed to protect privacy and anonymity. Once accessed, this site tells the victim that files on the compromised computer have been encrypted. The victim is asked to pay USD 800 within a certain period. If payment isn't done within the allowed period, the cost of decrypting the files is doubled.
GandCrab Ransomware Earlier Versions
The first version of GandCrab ransomware first appeared in the wild on January 30, 2018.
This early version of GandCrab ransomware was distributed as well via spam emails purporting to be invoices. The early version of GandCrab ransomware was also distributed via malicious advertisements (malvertisements) linked to malicious websites where the downloading of the GandCrab ransomware is then initiated.
Similar to the latest version of GandCrab, the first version spread into the wild and encrypts the files on the compromised computer. Instead of asking ransom payment in the form of US dollars, the first version of GandCrab asks for a ransom payment in the form of Dash cryptocurrency – the first time this cryptocurrency has been used in a ransomware campaign. In the past, ransomware attackers preferred cryptocurrencies Bitcoin and Monero as ransom payment.
According to Europol, European Union’s law enforcement agency, GandCrab ransomware is run as an affiliate program or ransomware-as-a-service. Anyone who wants to join the GandCrab affiliate program pays 30% to 40% of the ransom revenues to its creator and in return gets a full-featured web panel and technical support.
According to Check Point, as of March 13, 2018, GandCrab has infected over 50,000 computer systems and received an equivalent of USD 300,000 to USD 600,000 in ransom payments.
A tool to decrypt files encrypted by GandCrab (version 1)was developed by a combined effort of the Romanian authorities, Bitdefender and Europol and made available to the public for free.
According to Check Point, the decryptor tool wasn’t a result of a cryptographic breakthrough. It was, however, borne out of the law enforcement arm’s access to the ransomware’s master server, enabling the law enforcement arm to recover all private keys that had been used to perform the encryption made by GandCrab (version 1), evident with the decryptor tool’s dependence on an available victim ID.
Developers of GandCrab, however, regular modify the ransomware, making the decryption tool developed by the Romanian authorities, Bitdefender and Europol useless as it won't bring the files back.
Paying the ransom for the latest version of GandCrab is, therefore, not advisable as this doesn’t guarantee that the attackers have the capability or any intention to decrypt files.
Social Engineering Feature of GandCrab Ransomware
As can be gleaned from the different versions of GandCrab ransomware, social engineering is employed.
Social engineering cyberattack happens when an attacker uses a typical form of human interaction to obtain information about an organization or to compromise the organization’s computer systems.
Today’s human interaction now involves technology. Many human interactions now happen via email exchanges – a form of online communication that withstands even with the advent of new forms of communications like instant messaging, social networking and online chat.
GandCrab isn't the only ransomware that relies on spam emails for its distribution. Other notorious ransomware like Spora and Locky are also distributed through spam emails. For instance, on August 28th last year, in just a matter of 24 hours, over 23 million spam emails were sent carrying the Locky ransomware.
Interesting to note that these 3 ransomware GandCrab, Spora and Locky tricked their victims into opening email attachments laden with ransomware by using the subject “Invoice”.
Here are some of the best practices on how to avoid being a victim of email-based ransomware like GandCrab:
Steve E. Driz