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?
Basically, anyone can take advantage of the Petya/Mischa combo, as long as they pay a simple entry fee to the developers. You can think of it like an affiliates program, where they’re paid a portion of what the ransomware earns. Users are responsible for the spread of the ransomware in order to make a profit.
The short, yet devastating, history of ransomware is littered with what amounts to individual horror stories. As you may well know, ransomware, is a particularly devious and potentially devastating strain of malware that, when enacted, locks a computer’s files down so that the user can’t access them. In their stead, a message is relayed that instructs them to contact a third party to pay a ransom for access to the files. This is where the threat gets its name.
Ransomware has hit the mainstream news in a big way recently in the form of WannaCry - an globally coordinated malware attack. 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 like this 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.
2016 saw many notorious data breaches, along with developments in malware and other threats to security. It’s always helpful to reflect on these developments so that the knowledge can be used in the future to aid in developing new strategies for taking on the latest threats. How will your business learn from the mistakes of others in 2017?