Hackers Compromising and Blackmailing Indian Pharma Companies and Banks

Computer hackers compromised IT admins’ systems and gained control over a pharmaceutical firm and three banks. For these attacks, the hackers believably utilized the Lechiffre ransom malware. First they locked all files on the PCs then asked to pay one Bitcoin (meaning INR 30,000) for unlocking a single PC, with the total revenue counting to multi-million USDs. This is an unprecedented event where Indian victims have been attacked to demand ransom payments in the Bitcoin crypto-currency, which is acquiring widespread acceptance globally.

To begin, the attack used an e-mail pretending to be an experienced management communication sent to the IT admin, who when opened it had his PC compromised. From there, the malware traveled to rest of the PCs. According to specialists, it was difficult to detect the ransomware. TOI posted this, January 11, 2016. For the full article click here 

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