Indeed, the Mimecast Threat Labs Team released a report saying that threat actors behind GandCrab, a ransomware that encrypts its victim’s files, are sending messages with subject lines such as 'This is my love letter to you', 'Wrote my thoughts down about you', 'My letter just for you' and 'Felt in love with you.'
Roses are red, Violets are blue, Bitcoin is volatile, Like my passion for you.
”Felt in Love With You”
The email contains nothing more than an asterisk symbol (*) and an attached zip file. According to the report, each of the zip files is titled “Love_You_2018_” followed by seven or eight random numbers. The unfortunate souls who click the file are then asked if they prefer to see it in English, Chinese, or Korean (an indication that the speakers of these languages are the target victims of the ransomware.)
GandCrab’s victims are then asked to send Bitcoin or DASH cryptocurrency to a wallet address in order to regain access to their files. The victim is told that their ransom will be doubled if it isn’t paid within seven days. Bizarrely, victims who don’t know how to use cryptocurrency can use a sort of live chat window within the ransomware to get help on how to pay the attackers’ demands.
Interestingly, the ransomware can detect Russian victims and will stop the attack on computers who have Russian-configured keyboards. According to Mimecast, “this signals these campaigns are specifically designed to not target Russian users.”
Additionally, GandCrab’s classification as a RaaS means that it’s essentially ransomware for hire: “in a [RaaS] situation, an unprincipled vendor offers hackers and malicious actors a platform tool for the purposes of using ransomware to hold computer files, information or systems hostage,” reads a definition from Techopedia.
The Holidays Are a Busy Time for Cybercriminals
Mimecast’s report also stated that cybercriminals--particularly those that user ransomware--often take advantage of the holidays as a time to pry their way into personal email inboxes.
The holiday season also “[offers] the opportunity for threat actors to harvest a vast amount of information and data that is input into online shopping websites by coming up with fake websites and fake customer surveys that promise to deliver anything from fake vouchers to ‘great deals’ to the victim,” the report said.
Mimecast identified several different kinds of emails and websites in addition to the fake romantic messages, including fake e-greetings, fake online customers surveys, emails offering fake gifts and services, malicious dating apps, and non-malicious dating apps and websites that had been hacked.
Indeed, the Mimecast Threat Labs Team released a report saying that threat actors behind GandCrab, a ransomware that encrypts its victim’s files, are sending messages with subject lines such as 'This is my love letter to you', 'Wrote my thoughts down about you', 'My letter just for you' and 'Felt in love with you.'
Roses are red, Violets are blue, Bitcoin is volatile, Like my passion for you.
”Felt in Love With You”
The email contains nothing more than an asterisk symbol (*) and an attached zip file. According to the report, each of the zip files is titled “Love_You_2018_” followed by seven or eight random numbers. The unfortunate souls who click the file are then asked if they prefer to see it in English, Chinese, or Korean (an indication that the speakers of these languages are the target victims of the ransomware.)
GandCrab’s victims are then asked to send Bitcoin or DASH cryptocurrency to a wallet address in order to regain access to their files. The victim is told that their ransom will be doubled if it isn’t paid within seven days. Bizarrely, victims who don’t know how to use cryptocurrency can use a sort of live chat window within the ransomware to get help on how to pay the attackers’ demands.
Interestingly, the ransomware can detect Russian victims and will stop the attack on computers who have Russian-configured keyboards. According to Mimecast, “this signals these campaigns are specifically designed to not target Russian users.”
Additionally, GandCrab’s classification as a RaaS means that it’s essentially ransomware for hire: “in a [RaaS] situation, an unprincipled vendor offers hackers and malicious actors a platform tool for the purposes of using ransomware to hold computer files, information or systems hostage,” reads a definition from Techopedia.
The Holidays Are a Busy Time for Cybercriminals
Mimecast’s report also stated that cybercriminals--particularly those that user ransomware--often take advantage of the holidays as a time to pry their way into personal email inboxes.
The holiday season also “[offers] the opportunity for threat actors to harvest a vast amount of information and data that is input into online shopping websites by coming up with fake websites and fake customer surveys that promise to deliver anything from fake vouchers to ‘great deals’ to the victim,” the report said.
Mimecast identified several different kinds of emails and websites in addition to the fake romantic messages, including fake e-greetings, fake online customers surveys, emails offering fake gifts and services, malicious dating apps, and non-malicious dating apps and websites that had been hacked.
Rachel is a self-taught crypto geek and a passionate writer. She believes in the power that the written word has to educate, connect and empower individuals to make positive and powerful financial choices. She is the Podcast Host and a Cryptocurrency Editor at Finance Magnates.
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FM Daily Brief - 14 May 2026
FM Daily Brief - 14 May 2026
FM Daily Brief - 14 May 2026
FM Daily Brief - 14 May 2026
Today’s lead: Washington moves closer to reshaping crypto markets as the CLARITY Act advances through the US Senate, with the Senate Banking Committee holding its markup and vote on the bill today. Also ahead: record revenue at Rakuten Securities, losses narrow at Valutrades, Pepperstone expands its crypto infrastructure push, and a dormant Bitcoin wallet resurfaces after more than 11 years following an AI-assisted recovery. It’s Thursday, 14 May 2026. You’re listening to the Finance Magnates Daily Brief.
Today’s lead: Washington moves closer to reshaping crypto markets as the CLARITY Act advances through the US Senate, with the Senate Banking Committee holding its markup and vote on the bill today. Also ahead: record revenue at Rakuten Securities, losses narrow at Valutrades, Pepperstone expands its crypto infrastructure push, and a dormant Bitcoin wallet resurfaces after more than 11 years following an AI-assisted recovery. It’s Thursday, 14 May 2026. You’re listening to the Finance Magnates Daily Brief.
Today’s lead: Washington moves closer to reshaping crypto markets as the CLARITY Act advances through the US Senate, with the Senate Banking Committee holding its markup and vote on the bill today. Also ahead: record revenue at Rakuten Securities, losses narrow at Valutrades, Pepperstone expands its crypto infrastructure push, and a dormant Bitcoin wallet resurfaces after more than 11 years following an AI-assisted recovery. It’s Thursday, 14 May 2026. You’re listening to the Finance Magnates Daily Brief.
Today’s lead: Washington moves closer to reshaping crypto markets as the CLARITY Act advances through the US Senate, with the Senate Banking Committee holding its markup and vote on the bill today. Also ahead: record revenue at Rakuten Securities, losses narrow at Valutrades, Pepperstone expands its crypto infrastructure push, and a dormant Bitcoin wallet resurfaces after more than 11 years following an AI-assisted recovery. It’s Thursday, 14 May 2026. You’re listening to the Finance Magnates Daily Brief.
Today's lead: A group of forex and CFD brokers moves to formalise cooperation with regulators through a new industry body in the Bahamas. Also ahead: Interactive Brokers UK posts a sharp profit jump driven by interest income and client growth, eToro’s volatile trading session after earnings, and FM Singapore Summit 2026 floor activity. It's Wednesday, the thirteenth of May 2026. You're listening to the Finance Magnates Daily Brief.
Today's lead: A group of forex and CFD brokers moves to formalise cooperation with regulators through a new industry body in the Bahamas. Also ahead: Interactive Brokers UK posts a sharp profit jump driven by interest income and client growth, eToro’s volatile trading session after earnings, and FM Singapore Summit 2026 floor activity. It's Wednesday, the thirteenth of May 2026. You're listening to the Finance Magnates Daily Brief.
Today's lead: A group of forex and CFD brokers moves to formalise cooperation with regulators through a new industry body in the Bahamas. Also ahead: Interactive Brokers UK posts a sharp profit jump driven by interest income and client growth, eToro’s volatile trading session after earnings, and FM Singapore Summit 2026 floor activity. It's Wednesday, the thirteenth of May 2026. You're listening to the Finance Magnates Daily Brief.
Today's lead: A group of forex and CFD brokers moves to formalise cooperation with regulators through a new industry body in the Bahamas. Also ahead: Interactive Brokers UK posts a sharp profit jump driven by interest income and client growth, eToro’s volatile trading session after earnings, and FM Singapore Summit 2026 floor activity. It's Wednesday, the thirteenth of May 2026. You're listening to the Finance Magnates Daily Brief.
Today's lead: A group of forex and CFD brokers moves to formalise cooperation with regulators through a new industry body in the Bahamas. Also ahead: Interactive Brokers UK posts a sharp profit jump driven by interest income and client growth, eToro’s volatile trading session after earnings, and FM Singapore Summit 2026 floor activity. It's Wednesday, the thirteenth of May 2026. You're listening to the Finance Magnates Daily Brief.
Today's lead: A group of forex and CFD brokers moves to formalise cooperation with regulators through a new industry body in the Bahamas. Also ahead: Interactive Brokers UK posts a sharp profit jump driven by interest income and client growth, eToro’s volatile trading session after earnings, and FM Singapore Summit 2026 floor activity. It's Wednesday, the thirteenth of May 2026. You're listening to the Finance Magnates Daily Brief.
FM Daily Brief - 12 May 2026
FM Daily Brief - 12 May 2026
FM Daily Brief - 12 May 2026
FM Daily Brief - 12 May 2026
FM Daily Brief - 12 May 2026
FM Daily Brief - 12 May 2026
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Today's lead: XTB shares surge following record account growth in Poland and a new buyback program. Also ahead: Freetrade losses widen under IG Group ownership and Trade Republic signs Brad Pitt for its campaign and Robinhood doubles down on venture funds for retail traders. It is Tuesday, the twelfth of May 2026. You are listening to the Finance Magnates Daily Brief.
Today's lead: XTB shares surge following record account growth in Poland and a new buyback program. Also ahead: Freetrade losses widen under IG Group ownership and Trade Republic signs Brad Pitt for its campaign and Robinhood doubles down on venture funds for retail traders. It is Tuesday, the twelfth of May 2026. You are listening to the Finance Magnates Daily Brief.
Today's lead: XTB shares surge following record account growth in Poland and a new buyback program. Also ahead: Freetrade losses widen under IG Group ownership and Trade Republic signs Brad Pitt for its campaign and Robinhood doubles down on venture funds for retail traders. It is Tuesday, the twelfth of May 2026. You are listening to the Finance Magnates Daily Brief.
Today's lead: XTB shares surge following record account growth in Poland and a new buyback program. Also ahead: Freetrade losses widen under IG Group ownership and Trade Republic signs Brad Pitt for its campaign and Robinhood doubles down on venture funds for retail traders. It is Tuesday, the twelfth of May 2026. You are listening to the Finance Magnates Daily Brief.
Today's lead: XTB shares surge following record account growth in Poland and a new buyback program. Also ahead: Freetrade losses widen under IG Group ownership and Trade Republic signs Brad Pitt for its campaign and Robinhood doubles down on venture funds for retail traders. It is Tuesday, the twelfth of May 2026. You are listening to the Finance Magnates Daily Brief.
FM Daily Brief - 11 May 2026
FM Daily Brief - 11 May 2026
FM Daily Brief - 11 May 2026
FM Daily Brief - 11 May 2026
FM Daily Brief - 11 May 2026
FM Daily Brief - 11 May 2026
Today’s lead: CMC Markets moves into Germany’s certificates market as BaFin tightening looms. Also ahead: Deriv opens a new Mauritius office built around its AI-first strategy, ESMA pushes major reporting simplification reforms, and at Coinbase the head of prediction markets told Finance Magnates the segment is becoming what he called a truth signal. It’s Monday, 11 May 2026. You’re listening to the Finance Magnates Daily Brief.
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Today’s lead: CMC Markets moves into Germany’s certificates market as BaFin tightening looms. Also ahead: Deriv opens a new Mauritius office built around its AI-first strategy, ESMA pushes major reporting simplification reforms, and at Coinbase the head of prediction markets told Finance Magnates the segment is becoming what he called a truth signal. It’s Monday, 11 May 2026. You’re listening to the Finance Magnates Daily Brief.
Today’s lead: CMC Markets moves into Germany’s certificates market as BaFin tightening looms. Also ahead: Deriv opens a new Mauritius office built around its AI-first strategy, ESMA pushes major reporting simplification reforms, and at Coinbase the head of prediction markets told Finance Magnates the segment is becoming what he called a truth signal. It’s Monday, 11 May 2026. You’re listening to the Finance Magnates Daily Brief.
Today’s lead: CMC Markets moves into Germany’s certificates market as BaFin tightening looms. Also ahead: Deriv opens a new Mauritius office built around its AI-first strategy, ESMA pushes major reporting simplification reforms, and at Coinbase the head of prediction markets told Finance Magnates the segment is becoming what he called a truth signal. It’s Monday, 11 May 2026. You’re listening to the Finance Magnates Daily Brief.
Today’s lead: CMC Markets moves into Germany’s certificates market as BaFin tightening looms. Also ahead: Deriv opens a new Mauritius office built around its AI-first strategy, ESMA pushes major reporting simplification reforms, and at Coinbase the head of prediction markets told Finance Magnates the segment is becoming what he called a truth signal. It’s Monday, 11 May 2026. You’re listening to the Finance Magnates Daily Brief.
FM Daily Brief - 8 May 2026
FM Daily Brief - 8 May 2026
FM Daily Brief - 8 May 2026
FM Daily Brief - 8 May 2026
FM Daily Brief - 8 May 2026
FM Daily Brief - 8 May 2026
Today's lead: Are brokers and prop firms wasting marketing budgets by confusing finfluencer reach with trust? Also ahead: an AWS outage impacting Coinbase, and Flutter reveals its real revenue strategy in prediction markets. It's Friday, the eighth of May 2026. You're listening to the Finance Magnates Daily Brief.
Today's lead: Are brokers and prop firms wasting marketing budgets by confusing finfluencer reach with trust? Also ahead: an AWS outage impacting Coinbase, and Flutter reveals its real revenue strategy in prediction markets. It's Friday, the eighth of May 2026. You're listening to the Finance Magnates Daily Brief.
Today's lead: Are brokers and prop firms wasting marketing budgets by confusing finfluencer reach with trust? Also ahead: an AWS outage impacting Coinbase, and Flutter reveals its real revenue strategy in prediction markets. It's Friday, the eighth of May 2026. You're listening to the Finance Magnates Daily Brief.
Today's lead: Are brokers and prop firms wasting marketing budgets by confusing finfluencer reach with trust? Also ahead: an AWS outage impacting Coinbase, and Flutter reveals its real revenue strategy in prediction markets. It's Friday, the eighth of May 2026. You're listening to the Finance Magnates Daily Brief.
Today's lead: Are brokers and prop firms wasting marketing budgets by confusing finfluencer reach with trust? Also ahead: an AWS outage impacting Coinbase, and Flutter reveals its real revenue strategy in prediction markets. It's Friday, the eighth of May 2026. You're listening to the Finance Magnates Daily Brief.
Today's lead: Are brokers and prop firms wasting marketing budgets by confusing finfluencer reach with trust? Also ahead: an AWS outage impacting Coinbase, and Flutter reveals its real revenue strategy in prediction markets. It's Friday, the eighth of May 2026. You're listening to the Finance Magnates Daily Brief.