Everything you need to know about Robbinhood Ransomware

Ransomware restricts access to your computer system and demands that a ransom is paid for the restriction to be removed. Robbinhood is the newest kid on the block and encourages people to purchase a specific decryption tool in order to regain access to their files. This ransomware is not being spread through spam but rather through other methods, which could include hacked remote desktop services or other trojans that provide access to the attackers. Unfortunately, it has not yet been confirmed how the Robbinhood ransomware gains access to a network and the computers on it.

This new ransomware, Robbinhood, claims to delete encryption keys and IP addresses after receiving the ransom payout that users provide, given that their privacy is important to them. These ’Robbinhoods’ even offer free decryption of three files to try and convince the victims that they’re being sincere. However, no cyber-criminal can be trusted. In many cases, people are scammed. Although it is in the cyber-criminal’s best interests to honour ransom demands in order that they protect their dodgy income generation schemes rather than have victims distrust them and not make payouts, cyber crime is hardly an honourable business and the criminals are definitely known to ignore victims once their demands are met.

Individuals should not fall prey to such gimmicks and should avoid paying ransom as it only gives cyber-criminals more confidence and help them to create more malware like this. Also, there’s no guarantee that hackers will give back the files after having received the  ransom payout, even if you get them back, and they then have permanent access to the data they have taken.

Ransomware is only damaging if you have no way of recovering your data. So, the most important thing to remember is to always have a reliable backup of your files, stored offline and not made accessible to ransomware.