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Mount Locker Ransomware Now Targets Your TurboTax Tax Returns

https://open.spotify.com/show/3Gmj15x6cGrgJEzmGnDTTj

Mount Locker Ransomware Now Targets Your TurboTax Tax Returns

The Mount Locker ransomware operation is gearing up for the tax season by specifically targeting TurboTax returns for encryption.

Mount Locker is a relatively new ransomware operation that began infecting victims in July 2020. Like other human-operated ransomware gangs, the Mount Locker gang will compromise networks, harvest unencrypted files to be used for blackmail, and then encrypt the devices on the network.

Stolen data and the encrypted files are then used in a double-extortion scheme where victims are warned that their stolen files will be published on a data leak site if a ransom is not paid.

Also Read: Trusted Data Sharing Framework IMDA Announced In Singapore

Mount Locker data leak site
Mount Locker data leak site

New Mount Locker version targets TurboTax

With the tax season fast approaching, some are already gathering their tax information and inputting it into TurboTax to prepare for the April 15th tax deadline.

In a new version of the ransomware analyzed by Advanced Intel’s Vitali Kremez, Mount Locker is getting ready for the tax season as well by specifically targeting files used by the TurboTax tax software.

When encrypting a computer, Mount Locker only encrypts files that have certain file extensions. With the latest version, the ransomware developers are now targeting the .tax.tax2009.tax2013, and .tax2014 file extensions associated with the TurboTax tax preparation software.

Malware Locker targeting TurboTax extensions
Malware Locker targeting TurboTax extensions

While Mount Locker is oddly targeting file extensions for specific tax years, Kremez told BleepingComputer that the ‘tax’ targeting would match all extensions that contain the string.

While Mount Locker is oddly targeting file extensions for specific tax years, Kremez told BleepingComputer that the ‘tax’ targeting would match all extensions that contain the string.

To be safe from Mount Locker and other ransomware, be sure to make backups of your TurboTax files and other essential documents on detachable media after you make any changes.

Also Read: PDPA Breach Penalty Singapore: How Can Businesses Prevent

Simply backing up your important files to a USB drive every night and then unplugging it will guarantee the safety of your files even if you suffer a ransomware attack.

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