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CoinVault Ransomware Jumps on Freemium Model

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We have continuously monitored crypto-ransomware’s modifications and evolution since its discovery in late 2013. Though crypto-ransomware  is still relatively “new” to the threat landscape, it has already established itself as a formidable threat to unsuspecting users. By definition, crypto-ransomware shares similar routines with cryptolocker, a refinement of ransomware with file-encryption capabilities.

We recently came across two variants of crypto-ransomware, each with a routine or feature not found in other variants. The discovery of these two variants proves that crypto-ransomware is still continuing its evolution—all to victimize users.

more here.........http://blog.trendmicro.com/trendlabs-security-intelligence/coinvault-ransomware-jumps-on-freemium-model/

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