A new strain of ransomware is making the rounds that is locking files and not decrypting them when the ransom is paid.

Named Coverton, this is your typical crypto-ransomware, working just like many others that came before it.

This bit of ransomware targets 950 file types and adds either the .coverton, .enigma, or .czvxce extensions at the end of encrypted each file.

The ransom note is either a text file or an HTML format and demands 1 Bitcoin (~ $400) to recover the files.

Coverton managed to distinguish itself by not keeping its promise of decrypting files after users pay the ransom.

There have been numerous reported cases where Coverton victims who paid the ransom didn't manage to decrypt their files with the decryptor provided by the ransomware's authors.

The ransomware creators need to fix their decryption key or victims will blow them off if they know that no key will resurrect their files.

Source: SoftPedia