New Ransomware Business Cashing In On CryptoLocker's Name

itwbennett writes: A new service launched this week on a standalone Darknet website offering ransomware called CryptoLocker Service to anyone willing to pay a small fee and 10% of the collected ransom. The new venture is being run by a person using the handle Fakben, who was a former user of the Evolution (Evo) marketplace, writes CSO Online's Steve Ragan. Customers pay $50 to get the basic Ransomware payload. Once the victim pays the demanded ransom, the payment address will forward the funds – less a ten percent fee – to the Bitcoin wallet designated by the CryptoLocker Service customer. The ransom fee itself can be determined by the customer, but the recommended fee is $200. 'I prefer to be less expensive, more downloads and more infections,' Fakben said during a brief chat with Ragan.

Re:

[Holi]

Yep there was a stupid comment alright.

Re:

[DanJ_UK]

Yup.

Re:

[Anonymous Coward]

"while ignoring the fact that regular fiat money/currency is used"

What has the Italian car company Fiat got to do with Bitcoin?

Re:

[Anonymous Coward]

"while ignoring the fact that regular fiat money/currency is used"

What has the Italian car company Fiat got to do with Bitcoin?

You put your ill-gotten bitcoins in the trunk and drive away!

Re:Cue the stupid comments

[sims 2]

Pretty much anything on this list:
https://en.wikipedia.org/wiki/... [wikipedia.org]

Every one I have run across has wanted a CC not bitcoin. Although its been about a year since i've seen one.

They didn't encrypt files but they often prevented you from running any other programs until you paid up so I still consider that ransomware even if not on the same scale.

Re:

[Anonymous Coward]

Pretty much anything on this list:
https://en.wikipedia.org/wiki/... [wikipedia.org]

Every one I have run across has wanted a CC not bitcoin. Although its been about a year since i've seen one.

They didn't encrypt files but they often prevented you from running any other programs until you paid up so I still consider that ransomware even if not on the same scale.

A fraudulent credit card transaction can easily be reversed. How do I claim a fraudulent bitcoin transaction that needs to be reversed?

Re:

[Coren22]

No, he didn't, it is just now a proper signature which ACs can't see.

Re:

[sexconker]

The only people who see sigs are logged in users who are too stupid to turn them off.

Re:

[U2xhc2hkb3QgU3Vja3M]

You can blame Slashdot's messed-up user configuration pages for that one. Things are all over the place and they even "fixed" the HTML in my signature which lowers the actual number of characters I can use. This is the first time in my life I see something like "</a coinbrawl.com>".

Re:

[mlw4428]

Except that's not true. Fiat currency is also supported by the military, economic, and diplomatic might of its host nation. Bitcoin is supported by some zit covered anarchist angsty teenager living in his mom's basement. What's hilarious is that he thinks that if he could get enough OTHER people to call his "money", that he "earned" by leaving a PC turned on and masturbating to anime, "legit" that he'll never need to develop the social skills necessary to get a real job and he'll be able to stay home all da

Re:Cue the stupid comments

[fahrbot-bot]

Fiat currency is also supported by the military, economic, and diplomatic might of its host nation.

The two main problems with Fiat [wikipedia.org] currency is how impractical it is to carry around a large quantity and getting useful change. The newer, smaller models help, but there's always someone who has a problem converting between two and four-door units, etc...

Re:

[Coren22]

That must be what it was like to be rich before banks...

Re:Cue the stupid comments

[Coren22]

If you are using Bitcoin as an investment, you are using it wrong. Bitcoin is meant to be a way to transfer money, not to store massive wealth.

Re:

[bws111]

And if it is volatile (and it is), then it is useless for transferring money.

Re:

[dbIII]

Not entirely but it's still a hot potato to pass on before the price changes and the holder gets burnt. It's amusing that people have found such a secondary use for a pyramid scheme but I see it as a sign of how bad the current forms of money transfer are - by design of the middlemen getting a cut.

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[dbIII]

I have never understood why money transfer is considered a problem

Greed and artificial barriers.
I worked for a company that had a perfect solution in 2000 and all they needed to get it to work was for the banks to agree, but Wells Fargo etc were threatened by that and the dozens of others trying to do the same thing and used their influence to block everything. Eventually PayPal managed to do an end-run around them. I find it very strange that it takes five days for me to transfer money into the account o

Re:

[sexconker]

If you have to ask who will be the top, you're the bottom.

Not sure about the death penalty

[waspleg]

but it's sure as fuck in the at-least-as-offensive-as-child-porn category. How come these assholes aren't getting waterboarded?

Re:

[Coren22]

Except that it now is available for Linux and Mac.

http://it.slashdot.org/story/1... [slashdot.org]
http://apple.slashdot.org/stor... [slashdot.org]

All someone has to do is distribute the software with some other piece of software that looks legit, wait a week, and then spring up requesting money. This isn't hard to do unfortunately. As far as I understand the current crop of ransomwares for Windows, you have to click on the executable for them to happen. I haven't ever actually run across one yet though, so I could be wrong. You may

Customers of such service

[MinamataHG]

should be found and shot.
They are parasites...