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The funny thing about ransomware is that they give them very strange names: Bad Rabbit sounds like the name of a villainous bunny who gets his comeuppance in some type of modern nursery rhyme, not malware that would ravage hundreds of European businesses. Locky seems like the son of Candado de seguridad, a character Medeco would come up with to educate kids on proper physical security. The latest in a long line of funny-named ransomware, SamSam, isn’t a pet name for your pet ferret you perplexingly named Sam, it is one of the worst ransomware strains ever, and it has caught the attention of U.S. Federal law enforcement.
Ransomware doesn’t discriminate with its targets, as the city of Atlanta, Georgia now knows so painfully well. The city became the target of a ransomware attack that crippled many of its critical system workflows. The municipal government suffered from one of the most advanced and sustained attacks in recent memory.
We are going to switch things up a bit and walk you through a retelling of a ransomware attack through the eyes of a business owner. Usually when we talk about these types of threats, we approach it from our perspective and talk about what you should do to prepare and what the threats are, but we wanted to try to show you what an event like this could feel like, for you, in your position, and in your own eyes. We hope that this will raise awareness of how crippling an event like this can be on your company, and we hope you let us know if this perspective helps you, your colleagues, and your staff get a more personal sense of what ransomware can do. Enjoy!
Ransomware is a growing problem for businesses, being one of the most difficult threats to remove from an infrastructure. Not only is it easy to spread, but difficult to avoid as a whole. How can your organization prepare for this threat? It starts by being mindful of how ransomware is spread and how your employees react to it, both now and in the future.
Put yourself in the shoes of a cybercriminal. If you were to launch a ransomware attack, who would be your target? Would you launch an indiscriminate attack to try to snare as many as you could, or would you narrow your focus to be more selective? As it happens, real-life cybercriminals have largely made the shift to targeted, relatively tiny, ransomware attacks.
Students generally love it when classes are cancelled for whatever reason, but thanks to a cybercriminal group called TheDarkOverlord Solutions, a school in Flathead Valley, Montana was disrupted for an extended period of time. This downtime resulted in a disruption of operations for over 30 schools, as well as the threat to the personal information of countless teachers, students, and administrators due to a ransomware attack.
When it comes to Internet threats, ransomware is the one that causes the most fear, especially for small and medium-sized businesses, as it should. According to the Cisco 2017 Annual Cybersecurity Report, ransomware is growing at a yearly rate of 350%. It’s time to make sure that you’re doing what you can to stop your business from becoming another ransomware statistic. Here’s five very good tips that will help you avoid becoming a victim of the next big ransomware attack!
Ransomware is a tricky piece of malware that locks down the precious files located on a victim’s computer, then (in theory) will return access to them when a ransom has been paid. Depending on the files stored on a victim’s computer, they might simply blow it off and not worry too much about losing access to a couple of pictures or videos--but what if this ransomware threatened to expose your web browsing history?
On May 11th, 2017, the world was introduced to the WannaCry ransomware. The ransomware spread around the globe like wildfire, infecting hundreds of thousands of devices and catching many major organizations and businesses by surprise. The full extent of the ransomware’s damage is still being assessed, yet, one thing we do know: this whole fiasco was preventable.
If fiscal reasons have stopped you from securing your network against ransomware thus far, you may want to reconsider your strategy. Not only are attacks still becoming more and more prevalent, but the developers of ransomware have lowered the price of admission for aspiring cyber criminals. Fortunately, there are some steps you can take to keep your business protected against a ransomware attack.
Ransomware is still on the rise, and the Federal Bureau of Investigation has labeled it as one of the biggest dangers to businesses of all kinds. Compared to other methods of spreading malware, ransomware has a unique return on investment that keeps hackers wanting more. One new variant of ransomware uses a phishing attack that’s tailored to your real-world address, which is exceptionally concerning for victims.
Ransomware has been spreading like wildfire over the past few years, but up until very recently, Mac users were spared from this troubling development. Now, security researchers at Palo Alto Networks have discovered what they believe to be the first instance of completed ransomware on an Apple device. As this threat is “in the wild,” Mac users should be wary of it and see it as a potential threat.
Ransomware is one of the most devastating computer viruses in today’s computing landscape. You may have heard of one of its most famous variations, Cryptolocker. It received a lot of attention when it dramatically hit the scene two short years ago. Thankfully, the threat from CryptoLocker has decreased after the GameOver Zeus botnet was taken down last year. Although, now we’ve got a new, more contagious strain of this ransomware to deal with known as Cryptowall.
Learn more about what L7 Solutions can do for your business.
L7 Solutions
7890 Peters Road Building G102,
Plantation, Florida 33324