Threat Database Ransomware Ownerd Ransomware

Ownerd Ransomware

The need to protect our devices from threatening software is more critical than ever. Ransomware, a particularly destructive type of malware, has evolved to become a significant threat to both individuals and organizations. Among the latest to be identified is the Ownerd Ransomware—a sophisticated strain that encrypts data on compromised systems and demands a hefty ransom for its release. Understanding the mechanics of this threat and how to defend against it is crucial in safeguarding our digital assets.

Unveiling the Ownerd Ransomware

The Ownerd Ransomware is a highly harmful form of malware designed to hold your data hostage. Once it infiltrates a system, it systematically encrypts a wide range of file types, effectively rendering them inaccessible. What makes Ownerd particularly insidious is the way it marks its victims: by appending the attackers' email address and the '.ownerd' extension to each encrypted file. For instance, a file named 'document.png' would be transformed into something like 'document.png.[ownerde@cyberfear.com].ownerd,' signaling that it has fallen into the clutches of cybercriminals.

After the encryption process, Ownerd goes a step further by altering the desktop wallpaper and leaving behind a ransom note titled #Read-for-recovery.txt. This note and the accompanying wallpaper message instruct victims to contact the threat actors via email to negotiate the return of their data. However, cybersecurity experts warn that even if the ransom is paid, there is no guarantee that the decryption keys will be provided. In fact, in many cases, victims are left with nothing but a lighter wallet and no recovery of their valuable files.

Distribution Techniques: How the Ownerd Ransomware Spreads

Ownerd, like many ransomware variants, relies on a variety of distribution methods that exploit human vulnerability and technical flaws. These methods include:

  • Phishing and Social Engineering: Cybercriminals often disguise unsafe files as legitimate attachments or links in emails, tricking users into downloading and executing them.
  • Malicious Downloads: Ransomware can be distributed through drive-by downloads, which occur when a user unknowingly downloads malware from a compromised or deceptive website.
  • Fake Software and Updates: Some ransomware is bundled with illegal software or fake updates, which users may download in an attempt to access premium content or update their systems.
  • Removable Storage Devices: Ownerd can also propagate through external drives, such as USB flash drives, spreading the infection to other connected devices.

The High Cost of Paying the Ransom

One of the most pressing questions for ransomware victims is whether to pay the ransom. While the temptation to regain access to encrypted files is strong, experts strongly advise against paying. There are several reasons for this:

  • No Guarantee of Decryption: Paying the demanded ransom does not guarantee at all that the attackers will provide the decryption key. In many cases, victims pay the ransom but never receive any assistance from the criminals.
  • Encouraging Criminal Activity: Paying the ransom funds the attackers' operations, enabling them to continue their illegal activities and target more victims.
  • Possible Legal Consequences: In some jurisdictions, paying a ransom could be seen as financing illegal activities, which might lead to legal consequences.

Strengthening Your Defenses: Best Practices for Malware Protection

To protect your devices from Ownerd and other forms of malware, implementing robust security practices is essential. Here are some of the most effective strategies:

  1. Regular Backups: Frequent Data Backups: Regularly back up your data to an external hard drive or a cloud service. Ensure these backups are stored offline or on a separate network to prevent ransomware from accessing them. Test Your Backups: Periodically test your existing backups to ensure they can be restored successfully. This ensures you have a reliable recovery method if your data is compromised.
  2. Keep Software Updated: Apply Security Patches: Keep all installed software and your operating system up to date. Cybercriminals often exploit known vulnerabilities, so timely updates are crucial to closing these security gaps. Enable Automatic Updates: Where possible, set up automatic updates to guarantee you receive the latest security patches without delay.
  3. Use Strong, Unique Password: Password Complexity: Use complex passwords that include a mix of letters, numbers and special characters. Avoid using easily guessable information like birthdays or common phrases. Password Managers: Consider the utilization of a password manager to save and generate strong passwords for all your accounts securely.
  4. Implement Multi-Factor Authentication (MFA): MFA on Critical Accounts: Enable MFA on all critical accounts, especially email and financial services. MFA prepends an extra layer of security by demanding a second form of verification beyond just a password.
  5. Be Cautious with Email and Downloads: Beware of Phishing Attempts: Be attentive when opening emails, especially those from unexpected senders or with suspicious attachments. Always verify the sender's authenticity before clicking on links or downloading files. Download from Trusted Sources: Software and updates should be downloaded only from official and reputable sources. Avoid using peer-to-peer networks or third-party download sites.
  6. Deploy Advanced Security Software: Anti-Malware Solutions: Install reputable anti-malware software and keep it updated. These tools can help detect and stop ransomware before it can encrypt your files. Network Security: Use intrusion detection systems and firewalls to regulate and protect your network from unauthorized access.

Conclusion: Stay Vigilant and Proactive

In an era where ransomware like Ownerd poses a serious threat to data security, staying informed and implementing strong cybersecurity practices is your best defense. By taking proactive actions to secure your devices and info, the risk of falling victim to these destructive attacks can be reduced significantly. Remember, in the battle against ransomware, prevention is always better than a cure.

The ransom note from the threat actors behind the Ownerd Ransomware is:

'Email 1:
ownerde@cyberfear.com

Email 2:
ownerde@cock.li

Send messages to both emails at the same time

So send messages to our emails, check your spam folder every few hours

ID:

If you do not receive a response from us after 24 hours, create a valid email, for example, gmail,outlook
Then send us a message with a new email

The message shown by the threat as a desktop background image is:

Email us for recovery:
ownerde@cyberfear.com
In case of no answer, send to this email:
ownerde@cock.li
Your unqiue ID:'

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