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History of Ransom-Ware & how it works

I just found this excellent video on YouTube that I thought I would share with you. It explains very well what Ransom-Ware actually does and how serious a threat it is.

The video was published September 2016 but has never been more relevant than today.

In the past year I have noticed that major vendors like Cisco, Kaspersky etc. are constantly focusing their seminars and webinars on this insidious threat. I take this to highlight the serious nature of this threat an so should you.

If you are not taking your IT Security seriously it is only a matter of time before you wish that you had done so.

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Security… Why Do I need It?

We live in a world where everyone seems to believe that nothing bad will ever happen to them so they don’t have to take any steps to prevent the worst. Unfortunately, it is this kind of thinking that can make our job very difficult. Computer security is very important and let us show you why.

Picture this scenario, we get called out urgently to a business because a computer has crashed and they can’t access any of their data. We come out and look inside the computer only to realise that the hard drive is fried and there is no chance for recovery. We deliver the bad news but with the optimistic question – do you have a back-up? At this point the client’s day either gets better or much much worse. A yes answer means we just need to arrange a new computer and reinstall everything back onto it – the client’s downtime will be minimal. A no answer means we still arrange a new computer and get it setup but then they start the very slow process of hopefully being able to recreate everything they just lost. Unfortunately, this isn’t always possible especially if it is client history or contracts that have been lost, in many instances the business simply closes down.

We have seen this scenario far too many times which is why we now offer back-up solutions tailored to your needs. We want to ensure that your data will never be lost. Plan A takes a four-pronged approach. We ensure you have:

  • Managed Antivirus
  • Managed Web Security
  • Managed Onsite Backup and
  • Managed Cloud Backup

Basically, what this means is you will never lose your data again.

To learn more about the Plan A Security Suite and to request a quote go to https://plana.com.au/backup-solutions/

 

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“Worst-Ever Recorded” Ransomware Attack Strikes Over 57,000 Users Worldwide, Using NSA-Leaked Tools

WannaCry Ransom-ware – Avast detects over 57,000 users affected

  • More than 70 countries targeted.
  • Major institutions infected, including hospitals.

According to experts tracking and analyzing the worm and its spread, this could be one of the worst-ever recorded attacks of its kind. The security researcher who tweets and blogs as MalwareTech told The Intercept “I’ve never seen anything like this with ransomware,” and “the last worm of this degree I can remember is Conficker.” Conficker was a notorious Windows worm first spotted in 2008; it went on to infect over nine million computers in nearly 200 countries. As The Intercept details

Security firm Kaspersky Lab has recorded more than 45,000 attacks in 74 countries in the past 10 hours. Seventy-four countries around the globe have been affected, with the number of victims still growing, according to Kaspersky Lab. According to Avast, over 57,000 attacks have been detected worldwide, the company said, adding that it “quickly escalated into a massive spreading.”

According to Avast, the ransomware has also targeted Russia, Ukraine and Taiwan. The virus is apparently the upgraded version of the ransomware that first appeared in February. Believed to be affecting only Windows operated computers, it changes the affected file extension names to “.WNCRY.” It then drops ransom notes to a user in a text file, demanding $300 worth of bitcoins to be paid to unlock the infected files within a certain period of time.

While the victim’s wallpaper is being changed, affected users also see a countdown timer to remind them of the limited time they have to pay the ransom. If they fail to pay, their data will be deleted, cybercriminals warn. According to the New York Times, citing security experts, the ransomware exploits a “vulnerability that was discovered and developed by the National Security Agency (NSA).” The hacking tool was leaked by a group calling itself the Shadow Brokers, the report said, adding, that it has been distributing the stolen NSA hacking tools online since last year.

Predictably, Edward Snowden – who has been warning about just such an eventuality – chimed in on Twitter, saying Whoa: @NSAGov decision to build attack tools targeting US software now threatens the lives of hospital patients.”

Don't be a victim. Click Here to for more information.

 

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