Ownerd Ransomware: What It Is and How to Protect Your Data

Ransomware remains a formidable cyber adversary. Among the strains to make headlines is the Ownerd Ransomware infection, a malicious program that can wreak havoc on personal and organizational data. Understanding what this ransomware does, how it operates, and how to safeguard against it is crucial in today's digital world.

What is Ownerd Ransomware?

Ownerd Ransomware is malicious software designed to encrypt files on a victim's computer, rendering them inaccessible. Once the files are encrypted, the ransomware appends their names with an email address and a ".ownerd" extension. For instance, a file originally named "document.pdf" would be transformed into "document.pdf.[ownerde@cyberfear.com].ownerd." This renaming is a clear indicator that the ransomware has compromised the files.

After the encryption process, Ownerd Ransomware goes a step further by altering the victim's desktop wallpaper to display a message from the attackers. This message instructs the victim to contact the cybercriminals via email to recover their encrypted data. Additionally, a ransom note titled "#Read-for-recovery.txt" is dropped on the desktop, reiterating the demand for contact and payment in exchange for decryption.

Here's what the ransom note looks like:

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 Modus Operandi of Ransomware

Ransomware programs like Ownerd follow a similar pattern of operation. They infiltrate a system, encrypt valuable data, and demand payment for the decryption key. The encryption is often done using either symmetric or asymmetric cryptographic algorithms, which makes it nearly impossible to recover the data without the decryption key held by the attackers.

The primary goal of ransomware is financial gain. Victims are typically instructed to pay a ransom, often in cryptocurrency, to avoid tracking. However, paying the ransom does not guarantee data recovery. Any ethical standards do not bind cybercriminals, and we know multiple instances where people paid the ransom but never received the promised decryption tools.

The Risks of Compliance and Data Recovery Challenges

While paying the ransom to quickly regain access to critical files may be tempting, cybersecurity experts strongly advise against it. Complying with the attackers' demands perpetuates criminal activity and does not guarantee data recovery. In many cases, victims who pay the ransom are left empty-handed, with no decryption key, and their files are still inaccessible.

Unfortunately, once files are encrypted by ransomware like Ownerd, removing the malware itself from the system will prevent further encryption but will not restore the compromised data. The only reliable way to recover encrypted files is through a backup created before the ransomware attack and stored in a secure location. This underscores the importance of maintaining regular backups in multiple, safe locations, such as remote servers and unplugged external drives.

Distribution Methods and How to Stay Safe

Ownerd Ransomware, like other malware, typically spreads through phishing attacks and social engineering tactics. Cybercriminals often disguise malicious files as legitimate documents or software, tricking users into downloading and opening them. Common file formats used in these attacks include executables (.exe), archives (ZIP, RAR), documents (PDF, Microsoft Office files), and even scripts like JavaScript.

These malicious files are often distributed through a variety of channels, including deceptive downloads, fake software updates, and email attachments. In some cases, ransomware can spread through local networks or removable storage devices, further increasing its reach within an organization.

To protect against ransomware like Ownerd, it's crucial to exercise caution when browsing the internet and handling emails. Avoid downloading software or files from unofficial sources, and be wary of unsolicited emails with attachments or links. Keeping software up to date and using tools from legitimate developers also reduces the risk of infection.

Vigilance is Key

Ownerd Ransomware is a stark reminder of the growing threat posed by ransomware in our digital age. With its ability to encrypt files and demand ransom, it can cause significant disruption to both individuals and organizations. The best defense against this type of threat is vigilance—regularly updating and backing up your data, being cautious about where you download files, and treating suspicious emails with the skepticism they deserve. By understanding how ransomware operates and taking proactive steps to protect your systems, you can minimize the risk of encountering these increasingly sophisticated attacks.

September 3, 2024
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