While all this sounds bad, there are ways to protect yourself and if you use common sense while surfing the web, then you should be safe anyway. Stay away from dubious websites and don’t touch any archive or executable downloaded from anything but official manufacturer websites. But let us get back to the new malware in question, the ransomware called Ransom32.
The security researcher Fabian Wosar from EmsiSoft discovered the new Ransom32 as a self-extracting RAR-Archiv. If that archive is unpacked, it will hide in your temp folder and disguise itself as the Chrome web browser and be visible as Chrome.exe. This is where advanced users already had noticed it and not used any automatic-unpack function. However, should the new chrome.exe be executed, then it will start to encrypt all your files with AES-128 bit CTR-mode and also place itself firmly in the systems autostart features.
The Ransom32 creators have also made it very easy for people to use their tool. Evil minded people can access the tool via a Tor address. When on the site, they can customize the tools features before downloading it. The creators reportedly also use the same network for their control servers and connections. To top the whole thing off, the creators take 25 percent of the accumulated ransoms for themselves, and everything stays anonymous thanks to the use of Bitcoins.
We can only hope that the virus scanners and anti-malware tools get an update soon so the less tech-minded people won’t get infected by this nasty new piece of software. You can also read a lot more details about this new piece of software on the EmsiSoft blog.