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Core Infrastructure by Yi-Jian Ngo

Evil Encryption

An old friend recently pinged me through Facebook asking for my contacts. She had lost everything on her hard disk, she explained. But this was no run-of-the-mill hard disk failure. Her computer had been infected with a strain of malware that had encrypted her hard drive. In exchange for unlocking her data, a small sum of money was demanded, to be paid through PayPal.

 

This is a particularly nasty or clever extortion scheme, depending on your perspective. Encryption can be extremely hard to break, especially if a long key is used. Keeping the “ransom” small makes it cheaper & more convenient to pay up rather than get help from an anti-malware vendor. And unless infections reach epidemic levels, police are unlikely to be motivated to investigate – careers are not made on solving petty theft cases, electronic or otherwise.

 

Fortunately for my friend, she had no valuable data on her hard disk, so all she lost was an afternoon reformatting and reinstalling her software. I doubt most other victims fared as well.

 

Low risk, high return attacks tend to grow in popularity. It is troubling that as of this time, it's unclear if any of the major anti-malware vendors have a countermeasure.

 

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Published Sunday, October 14, 2007 2:47 AM by Yi-Jian Ngo

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About Yi-Jian Ngo

I have a passion for technology and want to apply that towards discovering and developing ideas into successful companies. At AT&T Strategic Ventures, my investments included OpenClovis, a telecom middleware vendor. I have executed $15B worth of M&A transactions, as well as held multiple operating roles in network engineering and global business development. Currently, I cover the enterprise infrastructure space for the Emerging Business Team, and focus on our strategic initiatives in China. I received my MBA from Cornell, and also hold degrees in Electronics Engineering and Law.
Yi-Jian Ngo
Core Infrastructure, Security and Storage
I have a passion for technology and want to apply that towards discovering and developing ideas into successful companies. At AT&T Strategic Ventures, my investments included OpenClovis, a telecom middleware vendor. I have executed $15B worth of M&A transactions, as well as held multiple operating roles in network en...

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