Bitcoin Ransomware Education – Crypvault

Some of the more modern types of Bitcoin ransomware pose a significant threat to computer users to this very day. Crypvault is in the top three on that list, as this kind of malware includes some new routines that make life even harder for infected users. In fact, this is the first type of ransomware to include an antivirus toolkit preventing users from accessing files.

Also read: MAIDsafe Technical Analysis for 03/07/2016 – Trading Between Pivot Zones

Crypvault Quarantines Computer Files After Encryption

Any type of Bitcoin ransomware is annoying enough to deal with because it encrypts necessary file extensions on the computer. Not only are these files inaccessible to the end user, but most types of malware will also prevent users to restore files from a backup, as they affect shadow volumes in the file system.

Crypvault is proving to be quite an annoying type of Bitcoin ransomware in that regard. This malware encrypts files by appending a “.VAULT” extension to the data, but it also includes an antivirus service that keeps these files quarantined for a period of time. Unlike traditional antivirus solutions, which ensure ransomware infections cannot occur in the first place, this version is making life even more difficult for the computer owner.

Bitcoin ransomware has a habit of spreading through email attachments in the form of ZIP and image files, and Crypvault is not entirely different in that regard. However, this malware uses JavaScript files to infect computers, which will then download four different files from the malware’s C&C server.

Related Post

As soon as these files are downloaded on the computer, Crypvault will execute the ransomware and save the downloaded files in the %USER TEMP% folder on the computer. Most of the existing antivirus software solutions will not flag these downloaded items as malicious, although updated versions of AVG and other tools should be able to detect it.

Encrypting the files is just the first step along the way, as Crypvault will generate a ransom note once the file is opened. Similar to most other types of Bitcoin ransomware, Crypvault will redirect users to a Tor-hosted website where they can make the Bitcoin payment. Restoring files from a backup is made all but impossible thanks to sDelete, which is downloaded as part of the malware infection.

To make matters even worse, Crypvault is also capable of stealing usernames and passwords stored in the browser. This dump of passwords will be uploaded to the Crypvault C&C server. It remains unknown as to how these passwords are used in the future, although it is not hard to guess why assailants would be interesting in this information.

Source: Trendmicro

Images credit 1,2

If you liked this article follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Share
Published by
JP Buntinx

Recent Posts

The Calculated Collapse of $TG: How a “Utility” Token Was Engineered for a Rug Pull

In the unpredictable world of cryptocurrency, new tokens launch daily, each one a shining beacon…

1 day ago

Staked Ethereum Hits Record High as Whale Accumulation Signals Bullish Long-Term Sentiment

Once more, Ethereum is commanding the spotlight as fresh figures indicate that the amount of…

1 day ago

Arbitrum Sees Surge in Protocol Revenue and EIP-7702 Adoption Following ArbOS 40 Upgrade

The ecosystem on Arbitrum keeps flaunting its robust foundations, with a steady incline in the…

1 day ago

Ethereum Whale Accumulation Surges as Long-Term Confidence Outweighs Short-Term Volatility

Once again, major market players are focusing on Ethereum. The whale activity surrounding the second-largest…

4 days ago

Week in AI: Fartcoin Steals the Spotlight Amid Market Turmoil

It has been a tumultuous week for the artificial intelligence sector in crypto. Sharp valuation…

5 days ago

BSC Foundation Resumes Strategic Accumulation: VIXBT, CAKE, LISTA, and MOOLAH Under Spotlight

Following a brief stint of dormancy, the BSC Foundation is back in action, reestablishing its strategic…

7 days ago