Threat Database Ransomware Wallet Ransomware

Wallet Ransomware

By GoldSparrow in Ransomware

The Wallet Ransomware is a ransomware Trojan that is used to force computer users to pay money to recover their files, which are taken hostage during the attack. The Wallet Ransomware follows an attack strategy typical of these threats, which have become common in the last few years increasingly. It is more necessary than ever to have reliable file backups and adequate protections to ensure that your computer and files are safeguarded from the Wallet Ransomware attacks and infections involving similar ransomware Trojans.

By Preventing a Wallet Ransomware Infection You also are Protecting your Wallet

Ransomware like the Wallet Ransomware is designed to encrypt victims' files, making them inaccessible until a ransom is paid by the victim. Once the Wallet Ransomware carries out its attack, the victim's files cannot be opened by applications on the infected computer. They are asked to pay a ransom in exchange for the decryption key, which is necessary to recover the affected files. The encryption method used by the Wallet Ransomware is quite powerful, meaning that it may be nearly impossible to recover the affected files without access to the decryption key. The Wallet Ransomware will run in the background, preventing the computer users from noticing the effects of the attack until it is too late. Once the Wallet Ransomware has finished encrypting the victim's files, it will display its ransom note, demanding that the victim pays a large ransom. This is a typical attack method associated with encryption ransomware Trojans.

How the Wallet Ransomware may Extract Payment from Its Victims

The Wallet Ransomware demands that the victims pay using BitCoin, an anonymous online payment method that allows con artists to extract the ransom without leaving traces behind. PC security researchers strongly advise computer users to avoid paying the ransom. When computer users pay the Wallet Ransomware ransom, they allow the people responsible for these attacks to create additional ransomware Trojans or carry out more attacks. It also is not uncommon for con artists to ignore the payment outright, or demand a payment of additional funds to provide the decryption key.

How the Wallet Ransomware may be Delivered

The most common way in which threats like the Wallet Ransomware may be distributed is through the use of corrupted email attachments. Once these files are opened, they may leverage known vulnerabilities and exploits to execute corrupted code on the victim's computer. Because of this, exercising caution when handling any file attachment is the best way to prevent these attacks. A reliable anti-spam filter also can help prevent the corrupted email messages from landing into the victim's inbox in the first place. PC security researchers also advise computer users to use a reliable security program that is fully up-to-date to monitor online activity and prevent threats like the Wallet Ransomware from being downloaded or carrying out their attacks in the background.

Dealing with a Wallet Ransomware Infection

If your computer becomes infected with the Wallet Ransomware, PC security researchers strongly advise against paying the ransom. Unfortunately, however, the files that have been encrypted in the Wallet Ransomware attack may become nearly impossible to recover. PC security researchers, therefore, advise computer users to take preventive measures to ensure that your computer is appropriately protected.

The best protection against the Wallet Ransomware is to have file backups of all important files. If file backups are in place, computer users can recover from an attack by restoring the affected files from the backup copy. Having the ability to recover the files from a backup removes all leverage that the con artists could have to demand ransomware payments from the victims; it nullifies these attacks effectively. Because of this, malware researchers advise computer users to use the cloud or external memory devices to backup their files and ensure that protections are in place in case of an attack. This is an effective method for protecting your files from numerous ransomware Trojans apart from the Wallet Ransomware, a type of attack that is becoming common in the last years increasingly.

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