HC7 Planetary Ransomware demands Ethereum for decryption

Malicious software HC7 PLANETARY encrypts users' files and and requests victims to pay with Bitcoin, Monero and, surprisingly, Ethereum
10 January 2018   669

One of the users, attacked by the malicious HC7 Planetary ransomware, has contacted Bleeping Computer asking for help and reporting that the ransoware encrypts users' files and adds the PLANETARY extension to the filename.

Mainly, the attackers demand Bitcoin or Monero as payment, as, for example, Cerber ransomware, which was capable of stealing from Bitcoin wallets; or BadRabbit, which attacked different institutions in five countries, demanding Bitcoin.

planetary ransomware screenshotPlanetary Ransomware victim's screenshot

There is little known about HC7 Planetary ransomware, but what is known so far is that ransomware developer hacks into networks using remote desktop and manually installs the ransomware on all computers which are accessible to them.

Planetary ransomware encrypted filesHC7 Planetary Ransomware encrypted files

Once having encrypted the files, ransomware demans the victim to pay $700 worth Bitcoin, Monero or Ethereum for decryption on one computer or $5000 for all the attacked network, and asks to include a sample encrypted file for proof of decrypt.

Considering the Ethereum's rapidly rising value, it is not surprising that ransomware creators start turning to this currency. Moreover, Ethereum's smart contract feature can make ransomware payment processing more efficient, as a victim can guarantee payment if the developer really decrypts the files.

At the moment of press, these are the main market parameters of Ethereum:

  • Average Price: $1 343,56
  • Market Cap: $130 176 860 817
  • 24h Volume: $9 785 200 000

UN's World Food Programme Can Use ETH Blockchain

Ethereum blockchain can help to fight world hunger
20 February 2018   83

The head of the World Food Program (WFP) Robert Opp said that his department is developing a financial infrastructure for more efficient use of distributed ledger technology. With the help of the Ethereum blockchain, the organization has already saved millions of dollars on bank commissions. 

We felt we could replace the services offered by banks with blockchain. Blockchain helps promote collaboration by providing enormous amounts of data. We’re putting in place a financial infrastructure.
 

Robert Opp

Director, UN WFP

 It is worth noting that WFP didn't talk about specific plans for the further implementation of Ethereum technology.

Earlier, the UN launched a pilot program Building Blocks to assist refugees in Jordan. As part of the program, cryptographically unique coupons representing a certain number of local dinars were distributed among several dozen stores in five refugee camps.