RANSOMWARE impact

[DoublerHunter]

I was victim of ransomware before and receive the same as this in notepad always popup when restarting the computer

[im g]https://i.imgur.com/eQfArdh.png[/img]

the issue before when found an antivirus that has ransomware decryptor from kaspersky before and all my files was recover but the popup notes are still not gone so i decided to format my laptop for safety since i have my own backup..

This is why a big issue about ransomware that until now not solve..

how did you manage to recover your files mate?
did you just paid them what they are demanding?

To by pass ransomware, you need to connect your harddisk into another computer so that you can back up all your important files (wallet files/saved password/seeds). After back up, formatting the hard disk and re-installing new OS might save you from paying for ransomware. But it may need 3 to 5 hours of work and you must need another desktop for back up.

Yeah, that is the very simple step on how to make sure that we will not pay anything of our own money. Always do a back up because back up is a must in everything that is related in technology not only wallet but also our private files in our desktop and laptop. Not all the times we are safe because there will be always unexpected things.

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[salmanahmedone]

I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act

I am afraid bitcoin is already on the edge of its existence. Aside from the multiple spam attacks that caused hundreds of thousands of transaction pending in the mempool while the consensus was far from being reached, bitcoin is breaking. Coupled with the ransomware attacks that placed bitcoin to a corner and was being called a hackers money it is only a matter of time before it will be replaced by other cryptocurrency if the problems get worse.

Dont try to create FUD and panic. There is nothing wrong is Bitcoin and its existence. The Hackers attacked a vulnerability in Windows OS not related to Bitcoins and they demand payment in bitcoin only.
If attackers asked the funds in US Dollars will you say Dollar ended ?

[unisilver]

I was victim of ransomware before and receive the same as this in notepad always popup when restarting the computer

[im g]https://i.imgur.com/eQfArdh.png[/img]

the issue before when found an antivirus that has ransomware decryptor from kaspersky before and all my files was recover but the popup notes are still not gone so i decided to format my laptop for safety since i have my own backup..

This is why a big issue about ransomware that until now not solve..

how did you manage to recover your files mate?
did you just paid them what they are demanding?

To by pass ransomware, you need to connect your harddisk into another computer so that you can back up all your important files (wallet files/saved password/seeds). After back up, formatting the hard disk and re-installing new OS might save you from paying for ransomware. But it may need 3 to 5 hours of work and you must need another desktop for back up.

oh well, now i know what is the possible solution for such attacks. but im just curious, ransomware will give you time to pay right? and waht if in that span of time you havent manage to back up and format your hard disk, would that mean that you will never be able to get or recover your files? is that so?

[Distinctin]

There is a positive impact on bitcoin more than the negative impact, prior to this people already viewed bitcoin
as being used for illegal trading in the dark market but this recently hit which is the RANSOMWARE  will increase the
demand of bitcoin and will make it more popular, it is for the publicity as well.

[Redones]

I was victim of ransomware before and receive the same as this in notepad always popup when restarting the computer

[im g]https://i.imgur.com/eQfArdh.png[/img]

the issue before when found an antivirus that has ransomware decryptor from kaspersky before and all my files was recover but the popup notes are still not gone so i decided to format my laptop for safety since i have my own backup..

This is why a big issue about ransomware that until now not solve..

how did you manage to recover your files mate?
did you just paid them what they are demanding?

To by pass ransomware, you need to connect your harddisk into another computer so that you can back up all your important files (wallet files/saved password/seeds). After back up, formatting the hard disk and re-installing new OS might save you from paying for ransomware. But it may need 3 to 5 hours of work and you must need another desktop for back up.

There is a simple way without taking of the harddisk is to make an dual boot USB (Linux Dis) like that you can have access to your files before the executable of windows process --> I did test this with some other VIRUS with RANSOMWARE I didn't but I m sure it will work as charm

[hendra1988]

I have got some news that ransomware not only targets home users; businesses can also become infected with ransomware, leading to negative consequences, including:
1. temporary or permanent loss of sensitive or proprietary information,
2. disruption to regular operations,
3. financial losses incurred to restore systems and files, and
4. potential harm to an organization’s reputation.

Paying the ransom does not guarantee the encrypted files will be released; it only guarantees that the malicious actors receive the victim’s money, and in some cases, their banking information. In addition, decrypting files does not mean the malware infection itself has been removed.

source : https://security.berkeley.edu/faq/ransomware/what-possible-impact-ransomware

[noictib]

I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act

this is the reality that Bitcoin using currently for many such are not legal .
While gambling is a simple thing of money making platform and also for fun with your money but in reality the use of Bitcoin in se cases is not fair , like few of using it for drugs deal and fee of using it for the rasomeware attack money making idea .
But here I am thinking that the owner of a bitcoin I mean the network Bitcoin that is blockchain.info will do something make a new rule for the use of Bitcoin in legal way of use KYC verification of wallet of every Bitcoin wallet .
That will results into the legalisation of the Bitcoin fully for everywhere  .
And in the future no one will use the Bitcoin for bad things .

[dave3]

oh well, now i know what is the possible solution for such attacks. but im just curious, ransomware will give you time to pay right? and waht if in that span of time you havent manage to back up and format your hard disk, would that mean that you will never be able to get or recover your files? is that so?

From what I've read, it gives you time to pay, but your files are encrypted and locked immediately, so if you haven't backed up before the attack, you're out of luck.  Your files will be lost.

Of course if you have a backup from before the attack, you could reformat your hard drive and restore the backup.  And hopefully, then, update your OS to a newer supported version (like Windows 7 or 10) and apply all updates and patches.  Or better yet, do a clean install of the new OS, update it, and then restore your files as-needed from your backup.

[bitcoinmasterlord]

I was victim of ransomware before and receive the same as this in notepad always popup when restarting the computer

[im g]https://i.imgur.com/eQfArdh.png[/img]

the issue before when found an antivirus that has ransomware decryptor from kaspersky before and all my files was recover but the popup notes are still not gone so i decided to format my laptop for safety since i have my own backup..

This is why a big issue about ransomware that until now not solve..

how did you manage to recover your files mate?
did you just paid them what they are demanding?

To by pass ransomware, you need to connect your harddisk into another computer so that you can back up all your important files (wallet files/saved password/seeds). After back up, formatting the hard disk and re-installing new OS might save you from paying for ransomware. But it may need 3 to 5 hours of work and you must need another desktop for back up.

There is a simple way without taking of the harddisk is to make an dual boot USB (Linux Dis) like that you can have access to your files before the executable of windows process --> I did test this with some other VIRUS with RANSOMWARE I didn't but I m sure it will work as charm

I think dual boot will not show the primary drive content. I tried when my windows system crashed. I recovered data from other drive but the primary drive I connected my harddisk to another computer and took backup. Maybe yours plan also workout, but I am not sure.

[eternalgloom]

There is a positive impact on bitcoin more than the negative impact, prior to this people already viewed bitcoin
as being used for illegal trading in the dark market but this recently hit which is the RANSOMWARE  will increase the
demand of bitcoin and will make it more popular, it is for the publicity as well.

Lol, so you think ransomware would make bitcoin more popular by extorting people? Well, t certainly wouldn't be in any positive way.
I found that most news articles that I've read about this randsomware attack didn't even mention Bitcoin in any negative way.

I've seen more positive news than negative news about Bitcoin, at least in the mainstream news I follow.
Just wait till it goes over $2000, the focus will be on the price and not about the criminal aspects.

[boyptc]

There is a positive impact on bitcoin more than the negative impact, prior to this people already viewed bitcoin
as being used for illegal trading in the dark market but this recently hit which is the RANSOMWARE  will increase the
demand of bitcoin and will make it more popular, it is for the publicity as well.

Lol, so you think ransomware would make bitcoin more popular by extorting people? Well, t certainly wouldn't be in any positive way.
I found that most news articles that I've read about this randsomware attack didn't even mention Bitcoin in any negative way.

I've seen more positive news than negative news about Bitcoin, at least in the mainstream news I follow.
Just wait till it goes over $2000, the focus will be on the price and not about the criminal aspects.

It's not good to see this type of happening that the demand is because of this negative activity. And people especially those victims that doesn't have an idea about bitcoin will think that they are a victim of this bitcoin ransom. Though I believe that the high demand is not just because of this ransomware issue, there's a lot of good news that are coming out because of it.

[fullypak]

There is a positive impact on bitcoin more than the negative impact, prior to this people already viewed bitcoin
as being used for illegal trading in the dark market but this recently hit which is the RANSOMWARE  will increase the
demand of bitcoin and will make it more popular, it is for the publicity as well.

Lol, so you think ransomware would make bitcoin more popular by extorting people? Well, t certainly wouldn't be in any positive way.
I found that most news articles that I've read about this randsomware attack didn't even mention Bitcoin in any negative way.

I've seen more positive news than negative news about Bitcoin, at least in the mainstream news I follow.
Just wait till it goes over $2000, the focus will be on the price and not about the criminal aspects.

It's not good to see this type of happening that the demand is because of this negative activity. And people especially those victims that doesn't have an idea about bitcoin will think that they are a victim of this bitcoin ransom. Though I believe that the high demand is not just because of this ransomware issue, there's a lot of good news that are coming out because of it.

Yes before attacking this ransomware only the price was so high already. after this attack just it increased $100 to $200. So this is not ransomware attack effect. More people are started to using bitcoin and in market demand is increased, so the price is increasing. And because of ransomware attack, the price is increasing is just a false news.

[vapourminer]

just read somewhere that some companies (or their it departments) are keeping btc on hand for just such occasions. 

makes sence i guess, kinda hard for a company that knows nothing of btc to get them and figure out how to send them on short notice i would imagine.

[oktana]

just read somewhere that some companies (or their it departments) are keeping btc on hand for just such occasions. 

makes sence i guess, kinda hard for a company that knows nothing of btc to get them and figure out how to send them on short notice i would imagine.

For this can be seen from many redemption transactions coming from russia, this ransomware generates a big disaster for companies, hospitals and government agencies. Thank goodness, microsoft windows quickly respond to this by making the latest updates. Hopefully the future is better again so as not to tear down the bitcoin prices are experiencing a nice rise.

[adzino]

Paying the ransom does not guarantee the encrypted files will be released; it only guarantees that the malicious actors receive the victim’s money, and in some cases, their banking information. In addition, decrypting files does not mean the malware infection itself has been removed.

They use bitcoin so i don't see how they would steal their banking information unless the victim has stored his information on his device, then that's a different case. And yeah there is no guarantee that you will be able to de-crypt your files. The extortionist might ask for more after the victim sends his money.

To be honest, ransomeware wont impact btc much. They used to use different kinds of prepaid cards before bitcoin. Did it had any kind of impact on those? nope.

[Slark]

I am afraid bitcoin is already on the edge of its existence.

Yeah, bitcoin is pretty much dead - while price reached $2000.
Pick and altcoin of your choice and make it popular - you will observe that Litecoin, Ethereum or other coins could be spammed and there will be network overload.

while the consensus was far from being reached, bitcoin is breaking.

Bitcoin will survive, it is not like we can't have upgrades, soon miners will learn that longevity of BTC is far better goal that temporary profits from high fees they are collecting now.

Coupled with the ransomware attacks that placed bitcoin to a corner and was being called a hackers money it is only a matter of time before it will be replaced by other cryptocurrency if the problems get worse.

This is just stupid argument. It is other way around - bitcoin is used by hackers because it is popular, not because it is the best money used for fraudulent activity.
We have more anonymous coins: Monero, Zcash.

[megynacuna]

Paying the ransom does not guarantee the encrypted files will be released; it only guarantees that the malicious actors receive the victim’s money, and in some cases, their banking information. In addition, decrypting files does not mean the malware infection itself has been removed.

They use bitcoin so i don't see how they would steal their banking information unless the victim has stored his information on his device, then that's a different case. And yeah there is no guarantee that you will be able to de-crypt your files. The extortionist might ask for more after the victim sends his money.

To be honest, ransomeware wont impact btc much. They used to use different kinds of prepaid cards before bitcoin. Did it had any kind of impact on those? nope.

Precisely, bitcoin is completely at variance with this ransomware attacks. Why are we arguing in the first place? There were a lot of similar attacks in the past when Bitcoin wasn't in existence and I want to ask if it had any negative impact on the already existing fiats? So why should it affect Bitcoin negatively?

[peter0425]

There is a positive impact on bitcoin more than the negative impact, prior to this people already viewed bitcoin
as being used for illegal trading in the dark market but this recently hit which is the RANSOMWARE  will increase the
demand of bitcoin and will make it more popular, it is for the publicity as well.

Lol, so you think ransomware would make bitcoin more popular by extorting people? Well, t certainly wouldn't be in any positive way.
I found that most news articles that I've read about this randsomware attack didn't even mention Bitcoin in any negative way.

I've seen more positive news than negative news about Bitcoin, at least in the mainstream news I follow.
Just wait till it goes over $2000, the focus will be on the price and not about the criminal aspects.

Seriously speaking, Negative news really draw attention of the world to BTC. There are some news article that mentioning and emphasizing bitcoin. This really gave an impact to currently price fluctuation of bitcoin and it adds up on the news of Japan that adopting the use of BTC on their market.

Negative or positive publicity is still publicity for bitcoin. Just remember that its not bitcoin's fault. The hacker just used at as mode of payment to them. And I don't think it will have any impact at the current price of bitcoin. It even soar more after the ransomware virus has infected a lot of pc's around the world.

[tigershark]

I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act

There is a potential negative for bitcoin when people hear that it is being used by thieves via ransomware. However, the positive is that more people are hearing about bitcoin which can increase interest.

[foxbat]

I think the bitcoin will fall because of RANSOMWARE,it is impossible/Difficult to track who did this and in futur Bitcoins will be considered as a motivation mean for such act

There is a potential negative for bitcoin when people hear that it is being used by thieves via ransomware. However, the positive is that more people are hearing about bitcoin which can increase interest.

The positive is always accompanied by the negative, that is the law of this life, there is not anything perfect. Bitcoin creates many advantages for humans, which is also why it is exploited.