A major ransomware distributor just apologized, closed up shop and released their master decryption key

ransomware apology
Well here’s something you don’t hear every day. The makers of a popular ransomware trojan virus calledTeslaCrypt have closed up shop, apologized for their actions, and released the master encryption key for their software.

TeslaCrypt was being distributed at slower rates in coming months and that appeared to signal that the hackers were moving on.

When a security researcher from ESET, a maker of antivirus software, asked them if they would release the key to help people with still infected files, they agreed!

They also announced “project closed” and apologized,¬†the ESET blog¬†reports.

Don’t assume the hackers are just developing a conscious and moving on, they appear to be delivering the CryptXXX ransomware instead,¬†reports BleepingComputer.

The research at ESET figured it was worth asking for the decryption key on the groups payment board.

TeslaCrypt Closed

ESET has now released a tool that will help anyone still infected with TeslaCrypt to unlock their files.

Keep in mind this is just one maker of ransomware, the FBI has warned recently that ransomware attacks are on the rise. They urge computer users to avoid opening unknown files sent over the internet. Experts suggest backing up your important files to a third party service such as Google Drive, Dropbox, and other similar services.

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Written by Peter Mondrose

Peter Mondrose

Peter Mondrose is the Editor-In-Chief at BusinessPundit. He received his degree in Economics in 1998 and a second degree in Journalism in 2004. He has served as a financial adviser, market trader, and freelance journalist for the last 11 years. When he's not investigating market conditions and reporting on workplace news, he can be found traveling with his wife, dog, and laptop. He can be reached at PeterMondrose@BusinessPundit.com or (929) 265-0240.