New Ransomware called Jigsaw is now live

ZDNet’s headline Tick, Tock: Jigsaw ransomware deletes your files as you  wait just posted with a scary tale of how this new malware product works. The code is being sold to would be blackmailers for $139 but so far ZDNet states that only 24 people have purchased it.

According to most of the discussions out there on this new malware package it was poorly written and Forcepoint researchers were able to easily reverse engineer the code.

Forcepoint says:

"A genius malware author this is not, the use of C#/.NET makes it trivial to reverse engineer and analyse. At the current rate, by selling the source code for the software is not going to generate nearly enough money to pay for much.
Finally, the customers who have purchased this kit are non too smart either, even with the documentation available some have left their names in the malware."

ZDnet goes to say that while this version is not as dangerous as it could be but future versions could be even worse:

The infection rates are small and the return seems to be poor. However, the functionality of this new type of ransomware is still worth noting. As cybercrime becomes more sophisticated and tools are developed, even those with a lack of skill can cash in -- and Jigsaw is a prime example of how ransomware may end up evolving on a wider scale in the future, reported

See more coverage here.