The new Petya ransomware, or what is now preferably called the NotPetya ransomware, which created havoc by locking thousands of computers across the world on Tuesday and Wednesday, is not exactly a ransomware. It's more of a disk wiper created to damage computers, according to the conclusions of two separate reports from Comae Technologies and Kaspersky Lab.

Detailed analysis of the malware's source code revealed that it acts like a ransomware, but it cannot decrypt victims' files, even if they pay up the money. The findings also suggest that victims not getting their files back has nothing to do with the attacker's blocked email address. Even if victims would have contacted the hackers after making the payment, they still wouldn't have recovered their files.

Petya Ransomware
A laptop displays a message after being infected by a ransomware as part of a worldwide cyberattack on June 27, 2017, in Geldrop.ROB ENGELAAR/AFP/Getty Images

Ransomware tools generate a unique installation ID for each infected computer to store information and the decryption key for recovery. In the case of NotPetya, the installation ID is invalid as it is generated from random data, making the decryption process impossible.

"What does it mean? Well, first of all, this is the worst-case news for the victims – even if they pay the ransom they will not get their data back. Secondly, this reinforces the theory that the main goal of the ExPetr attack was not financially motivated, but destructive," Kaspersky Lab said in a blog post.

Matt Suiche of Comae Technologies also made the same conclusion, although it was based on a different flaw. Suiche explained in his report that it's impossible to recover the original Master File Table (MFT) that NotPetya encrypts. MFT is a database that handles the location of files on a hard drive.

After comparing the 2017 Petya with the 2016 variant, Suiche discovered that the latest strain of Petya, which affected many organisations in Ukraine, was a wiper that trashed the 25 first sector blocks of the infected disks.

"2016 Petya modifies the disk in a way where it can actually revert its changes. Whereas, 2017 Petya does permanent and irreversible damages to the disk," Suiche said.

The findings clearly suggest that NotPetya is essentially a cyber weapon meant to destroy and damage computers, and not ransomware with a motive to make money. Ransomware can restore their modification while a wiper simply eliminates all possibilities of restoration, according to Suiche.