New Ransomware Uses a Banking Trojan To Attack Governments and Companies
Cointelegraph
Published May 19, 2020 04:56PM ET
Updated May 19, 2020 06:40PM ET
A new type of ransomware attack emerged in recent months, raising red flags among the cybersecurity community and authorities such as the FBI in the United States. Cybersecurity firm Group-IB has warned that it comes in the form of a Trojan, according to a report published on May 17.
According to Group-IB’s study, the ransomware is known as ProLock and relies on the Qakbot banking trojan to launch the attack and asks the targets for six-figure USD ransoms paid out in BTC to decrypt the files.
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Written By: Cointelegraph
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