Ransomware authors use the bitcoin blockchain to deliver encryption keys

Ransomware authors are using the bitcoin blockchain, which serves as the cryptocurrency’s public transaction ledger, to deliver decryption keys to victims.

The technique, which removes the burden of maintaining a reliable website-based infrastructure for cybercriminals, was observed in a recent version of the CTB-Locker ransomware that targets Web servers.

CTB-Locker has targeted Windows computers for a long time, but a PHP-based variant capable of infecting websites first appeared in February, marking an interesting evolution of this ransomware threat.

The decryption routine in the original PHP-based CTB-Locker version involved a script called access.php that served as a gateway to the attackers’ back-end server. This gateway script was hosted on multiple hacked websites and was necessary to obtain the decryption key after victims made a payment.

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Story added 14. April 2016, content source with full text you can find at link above.