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CryptoWall 4.0: What It Is, How It Causes Data Loss, and What You Can Do

CryptoWall 4.0: What It Is, How It Causes Data Loss, and What You Can Do
Hacker computer. Photo: User:Kowalski7cc, via Wikimedia Commons (CC0).

Malicious code keeps getting more sophisticated. Ransomware is a good example, and CryptoWall 4.0 is one of the most prominent.

Ransomware is the catch-all term for programs that infect your computer without your knowledge, encrypt your data, then notify you that your data has been encrypted and offer to decrypt it for a fee. These encryption schemes are sophisticated enough that cracking them without the key would take decades or even centuries with current processing technology.

It’s pretty insidious; the amount demanded is usually between $300 and $800 in the form of an anonymous Bitcoin transaction. Many users, especially small businesses, find that the cost of the ransom is lower than the cost of losing their data, and begrudgingly pay it. That’s why the Cyber Threat Alliance estimates that, in 2015, CryptoWall 3.0 alone led to over $325 million in user losses.

These huge profits are leading ransomware rings to act more like legitimate software developers, pushing regular updates to evade detection by firewalls and antivirus programs. CryptoWall 4.0 even alerts the user with a (poorly written) message that sounds more like a customer service email than a ransom note.

What You Can Do To Protect Against CryptoWall

Some versions are relatively easy to defeat, because the criminals who have deployed them have been caught and had their encryption keys seized and algorithms identified. These include CoinVault, Bitcryptor, and early versions of CryptoWall. In those cases, it’s usually a simple matter of running a decryption program, like the one Kaspersky offers here. Datarecovery.com can guide you through this process, and we offer services for CryptoWall decryption.

For newer ransomware, like CryptoWall 2.0, 3.0, and 4.0, the situation is a little more dire. The black hat developers behind these programs haven’t been caught yet, so their algorithms remain unknown.

Before you pay the ransom, keep in mind that there is no guarantee the attackers will release your data.

While some of these programs are sophisticated enough to evade detection, there are plenty that aren’t. A trusted antivirus, with automatic updates enabled, is still an important defense against this and any malicious code.

However, the most effective tool against these programs is the same against any form of data loss: regular offsite backups with versioning.

Update

We now offer a ransomware recovery service to help people affected by CryptoWall. Follow the link to learn how we can make it easier for you to bounce back from a CryptoWall infection.

Summary
CryptoWall 4.0: What It Is, How It Causes Data Loss, and What You Can Do
Article Name
CryptoWall 4.0: What It Is, How It Causes Data Loss, and What You Can Do
Description
CryptoWall is a serious threat for Internet-connected computer users. Here's how to avoid it.

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