Share this article

CryptoLocker Crimewave Halted as Global Authorities Disable Network

International authorities have disabled GOZeuS, the P2P network behind the CryptoLocker malware.

Updated Sep 14, 2021, 2:06 p.m. Published Jun 2, 2014, 5:06 p.m.
cryptolocker

CryptoLocker, the notorious online malware estimated to have stolen $27m, has been temporarily disabled, according to international law enforcement agencies including the UK National Crime Agency (NCA), the FBI and Europol.

First surfacing in late 2013, CrypoLocker's ransom malware hijacked more than 234,000 computers through phishing emails, then offered users the ability to pay to decrypt their device for $300 in USD, EUR or BTC.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

Symantec researchers report that law enforcement agencies have now effectively disabled key nodes of the GOZeuS network (also known as P2PZeuS and Gameover ZeuS). A separate form of malware, GOZeuS had provided the delivery method for the ransomware, though it was designed to steal users' online banking login details.

According to law enforcement agencies, Internet users now have a two-week window to take the necessary precautions protect themselves from the malware.

Andy Archibald, deputy director of the NCA's National Cyber Crime Unit, said:

"By making use of this two-week window, huge numbers of people in the UK can stop that from happening to them."

He added: "Whether you find online security complicated or confusing, or simply haven’t thought about keeping your personal or office computers safe for a while, now is the time to take action."

Suspects named

Law enforcement officials say they have effectively sinkholed GOZeuS' peer-to-peer network, thereby cutting off criminal control of the affected computers. However, given the distributed nature of the network, the measure is unlikely to shut down the threat permanently.

The suspected ringleader of the illegal operation has also reportedly been identified. According to the UK NCA report, US authorities now allege that 30-year-old Evgeniy Mikhailovich Bogachev is the leader of the criminal enterprise behind GOZeuS.

Other arrests are "in progress", according to international officials.

Protective action

The announcement will no doubt be greeted with enthusiasm by bitcoin users, as affected users were forced to pay a 2 BTC ransom. Further, though it debuted six months ago, CryptoLocker was still a threat to many Internet users, making headlines in November for updates that made its attacks more sophisticated.

Though authorities were optimistic about the results, they also acknowledged that similar threats are likely to continue to arise.

Archibald used his statements to reiterate the importance of Internet best practices, concluding:

"Our message is simple: update your operating system and make this a regular occurrence, update your security software and use it and, think twice before clicking on links or attachments in unsolicited emails."

More For You

Pudgy Penguins: A New Blueprint for Tokenized Culture

Pudgy Title Image

Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.

What to know:

Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.

The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.

More For You

Bitcoin trader warns of downside as gold rally continues to pull focus from BTC

Bitcoin and Gold (Unsplash)

Crypto prices stabilized after an early-week dip, but bitcoin continued to trail gold and silver as macro trades dominated after the Fed’s policy hold.

What to know:

  • Bitcoin hovered around $88,000 after the Federal Reserve left interest rates unchanged, with trading subdued despite modest gains in ether, solana, BNB and dogecoin.
  • A sharp rebound in the U.S. dollar and continued strength in commodities, especially record-high gold and elevated silver and copper, have overshadowed crypto markets.
  • Analysts say bitcoin is trading more like a high-beta risk asset than a macro hedge, stuck in a bearish consolidation about 30 percent below its October peak and struggling to break above key resistance near $89,000.