Threat Database Ransomware Loqw Ransomware

Loqw Ransomware

The latest addition to the notorious STOP/Djvu Ransomware family is the Loqw Ransomware. This threatening software encrypts files, leaving victims with a dire choice: pay the ransom or lose valuable data.

Origins and the Connection with the STOP/Djvu Family

The Loqw Ransomware is a close relative of the STOP/Djvu Ransomware family, a prolific strain known for its widespread attacks. The STOP/Djvu variants have been responsible for a multitude of infections, causing considerable damage and financial losses. The Loqw variant shares key characteristics with its predecessors, using sophisticated encryption algorithms to lock victims' files and requesting a ransom for their release.

One of the distinctive features of the Loqw Ransomware is its ability to encrypt files and append the '.lomx' extension to them. This extension serves as a clear marker of the files that have fallen victim to the ransomware's encryption process. Once files are encrypted, they become inaccessible to the user, causing significant disruption to normal operations.

Following the encryption process, the Loqw Ransomware drops a ransom note named '_readme.txt.' This file serves as the primary means of communication between the attackers and the victim. The note typically includes instructions on how to pay the ransom and provides contact details for reaching out to the cybercriminals.

For communication, the attackers have specified two email addresses: manager@mailtemp.ch and managerhelper@airmail.cc. Victims are invited to use these email addresses to negotiate the terms of the ransom payment and receive further instructions on the decryption process.

The cybercriminals behind the Loqw Ransomware demand a payment of $980 in cryptocurrency (usually Bitcoin) to provide the decryption key needed to unlock the encrypted files. However, the attackers offer a 50% discount for victims who promptly contact them and initiate the payment process within a specified timeframe.

It is important to note that succumbing to ransom demands not only encourages criminal activities but also does not guarantee the recovery of files. Law enforcement agencies, as well as cybersecurity researchers, strongly advise against paying ransoms, as it perpetuates the ransomware cycle and funds further criminal activities.

How to Prevent a Ransomware Attack

Preventing a ransomware infection is paramount. Users should update their operating systems and software regularly, use reputable anti-malware solutions, and exercise caution when interacting with links or opening attachments in emails.

In the unfortunate event of a ransomware infection, having a robust backup system in place is crucial. Regularly backing up important files on an offline or cloud-based system can significantly mitigate the impact of a ransomware attack.

The emergence of the Loqw Ransomware signals a continuing threat from the STOP/Djvu Ransomware family. As cybercriminals refine their tactics, it is imperative for individuals and organizations to stay watchful, adopt best cybersecurity practices and be prepared to defend against and recover from potential attacks.

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