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TechTidBit – Tips and advice for small business computing – Tech Experts™ – Monroe Michigan

TechTidBit - Tips and advice for small business computing - Tech Experts™ - Monroe Michigan

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Another Major Ransomware On The Loose: Locky

June 27, 2016

Thomas Fox is president of Tech Experts, southeast Michigan’s leading small business computer support company.

Ransomware, a virus that essentially holds a computer user’s data hostage for a monetary reward, isn’t a new threat. It is in fact, becoming more prevalent with an estimated 35% increase of attacks in the past year alone.

One of the newest forms of this virus is known as Locky, which finds its way onto unsuspecting users’ devices through vulnerabilities in the Adobe Flash Player. This ransomware was detected by Trend Micro, and the type of operating system used seems to have little effect on risk. Locky has infiltrated systems through Windows, Mac, Chrome, and Linux.

Many of the Locky attacks, however, have affected Windows 10 users who are unknowingly using outdated versions of the Adobe Flash Player. Anyone running the 20.0.0.306 or earlier versions of Flash is at risk of Locky taking over data and holding it hostage for payment.

Therefore, the simplest way for people to protect themselves from this new ransomware is to ensure they are running the most recent version of Flash.

To do this, access Flash content within your browser and right click on it. Then, choose “About Adobe Flash Player” to view which version is being used. Alternatively, users can visit the Adobe website, which can automatically detect the installed version and also offer the option to upgrade to the most current one.

Locky ransomware isn’t just spread through Adobe Flash. It also can find its way onto systems through attachments in spam emails. In this case, the emails have most frequently been distributed through the same botnet responsible for sending out the online banking malware Dridex.

While actual numbers for how many people have fallen prey to Locky infections are not public, security companies have revealed that the majority of the ransomware attacks have taken place in the United States, Japan, and France.

The amount demanded to remove Locky from affected devices is usually around $100, but security experts suggest not giving in to such demands. Instead, victims are advised to create a backup of files and seek help from your IT provider.

The best defense against such attacks, however, is in prevention. Regularly update your operating system and frequently used programs, never open suspicious emails, and only log in as an administrator on your computer system when and as long as you absolutely must to prevent hackers from intercepting your login credentials.

Filed Under: Ransomware Tagged With: Ransomware

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