![]() ![]() They'd target larger and larger organizations and hit big paydays on businesses desperate to get their data back.ĭue to this sophisticated business model, Cryptolocker developed its second definition. Hackers would build software based on Cryptolocker's original methodology and then create playbooks for people who bought into their scheme. It sounds just as horrifying as you think it sounds. They began doing ransomware as a service ," Swarwoskyi said grimly. More talented crypto experts said they could improve it, then built a business around it. "Over time," he said, "they increased in sophistication, and Cryptolocker - and cyber crime - became much more of a mature market. But it didn't take long for tech-savvy criminals to jump on this opportunity to develop it for larger targets. He noted that Cryptolocker was more focused on individuals. It would usually look for certain files like image files, word documents - stuff like that." "It would get on a machine and trick somebody into downloading or running it and then it would encrypt what it could on that machine. "So back in 2013 to 2014, Cryptolocker was very opportunistic," Swarowski said. Cryptolocker Definition (Mid 2013 - 2014)Ĭryptolocker, in mid-2013, was a specific piece of malware that would encrypt files and hold them ransom. There are two different definitions of Cryptolocker, according to Swarowski. ![]() How can you prevent these threats from attacking you?Īnd by the end of this article, you'll be better prepared to repel cybercriminals from your business's valuable data.What are current threats to watch out for?.We'll go over his answers and help you understand: ITS, as a Managed IT Service Provider (MSP) focusing on Cybersecurity solutions, relies on his expertise to keep our clients safe from data breaches. We interviewed Peter Swarowski, ITS' Director of Operations, to clarify if Cryptolocker is still a relevant threat in 2022 and what's the latest news in cybersecurity. Cryptolocker hasn't been making news recently, but do you suddenly have to worry about it throwing a comeback session like famous 90's pop stars? ![]()
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