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WHAT IS RANSOMWARE?

Ransomware is an increasingly popular tactic used to steal data and disrupt a system’s operations. Essentially, ransomware is malware used by attackers to infect a device, hijack files on that device and lock them, via encryption. These maliciously encrypted files can no longer be accessed by users, and are held hostage by the attacker until a ransom is paid.

WHO DOES RANSOMWARE AFFECT?

Ransomware can infect a single user and then can spread throughout the entire organization, knocking computers offline. Forcing employees to use pen and paper while IT and SOC teams scramble to mitigate the infection.

HOW IS A USER AFFECTED?

A user can be infected in a variety of manners, such as actively installing the ransomware (say, when it is appears as an innocuous program), opening a malicious file in an email (aka, a phishing attack) or surfing to a compromised website (aka, a drive-by-download attack)

WHAT TRIGGERS RANSOMWARE?

While in certain scenarios the victim had to be active and click on the malicious program, in most cases, the infection is actually seamless to the user. Ransomware that is triggered should be blocked from encrypting data and spreading through an organization laterally. See how enSilo detected and blocked Scarab ransomware activity and stopped the file encryption.

HOW DO I RECOGNIZE RANSOMWARE?

Ransomware creators are getting more creative with their tactics.  Organizations spend thousands of dollars for cybersecurity public awareness and education for their employees.  It only takes one employee and one click to trigger a ransomware that can take down an entire organization.

HOW CAN RANSOMWARE SPREAD AND INFECT MY ENTIRE ORGANIZATION?

3 ways ransomware can spread:

  1. Implementing the lateral movement capability on their own.
  2. Using other Trojans that are considered “Stealers” by design
  3. Finding vulnerabilities that allows them to propagate.

See how enSilo blocked Bad Rabbit Ransomware from spreading via SMB by enSilo’s Exfiltration Prevention policy.  Also, enSilo blocked the ability of encrypting files is with enSilo’s Ransomware Prevention policy.

IF MY ORGANIZATION IS PARALYZED BY RANSOMWARE; SHOULD WE PAY THE DEMANDED AMOUNT?

NO, just see the FBI warning:

“Paying a ransom doesn’t guarantee an organization that it will get its data back—we’ve seen cases where organizations never got a decryption key after having paid the ransom. Paying a ransom not only emboldens current cyber criminals to target more organizations, it also offers an incentive for other criminals to get involved in this type of illegal activity. And finally, by paying a ransom, an organization might inadvertently be funding other illicit activity associated with criminals.”

HOW MUCH IS THE DEMANDED AMOUNT FROM A RANSOMWARE ATTACKER?

The ransom can range from hundreds of dollars to hundreds of thousands, depending on the type of file and victim. Usually, the extortionists set a deadline for paying up and when that deadline is not met, a new deadline is set and the ransom rate increases.

CAN I STILL WORK ON MY COMPUTER IF A RANSOMWARE IS TRIGGERED?

The most advanced attacks can crawl across organizational networks and traverse file shares looking for data. What it finds, it encrypts. Confused users have perfectly functioning computer systems, but no data. Or at least no data they can read.

WHAT HAPPENS IF I ACCIDENTALLY CLICK ON A RANSOMWARE FILE?

Some ransomware encrypts files, while others lock out the user. After a ransomware is triggered, a file appears in a pop-up format and it is often a friendly message from the attacker explaining exactly how the user can regain access to their files – and how much it’s going to cost them. "Of course, there’s no guarantee that even if a victim pays the demanded amount they will actually get access to their files again, which makes dealing with ransomware somewhat of a tricky issue"

HOW SEVERE IS THE RANSOMWARE THREAT TO ORGANIZATIONS?
HOW SEVERE IS THE RANSOMWARE THREAT TO ORGANIZATIONS?

Ransomware is a threat for every organization and very few organization fail to implement disaster recovery planning.  “A recent U.S. Government interagency report indicates that, on average, there have been 4,000 daily ransomware attacks since early 2016 (a 300% increase over the 1,000 daily ransomware attacks reported in 2015).”

HOW TO PREVENT RANSOMWARE ATTACKS?

Wanna Cry ransomware and Petya ransomware attacks were the top ransomware attacks causing complete business disruptions for an array of industries, including critical infrastructures.  NGAV and AV security products failed to protect against these ransomware attacks due to missing the post-infection layer of protection element. In addition to post-infection protecting against WannaCry and Petya, post-infection protection protects against many unknown variants due to the capability to detect any malicious outbound connections that may occur after bypassing a pre-infection protection barrier such as NGAV or AV.

CONTACT US

12400 St. Highway 71 West Suite 350-364 Austin, TX 78738
1-512-562-2778
info@Cyfyx.com
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