ATECH MSP Blog

You’d think that cybercriminals would use ransomware to target high-profile businesses with loads of money to extort, but this is not always the case. Even a small business can fall victim to these particularly devastating threats. Ransomware, just like other threats out there, has continued to evolve and adjust its approaches based on the current cybersecurity climate, so what are some of the latest developments in ransomware?

Ransomware is bad stuff, and it’s only gotten worse with its recent resurgence that aligned with the COVID-19 pandemic. Phishing attacks and other means by which ransomware is commonly spread have used the current atmosphere as a springboard. This makes it even more critical that these kinds of behaviors and attempts can be spotted and stopped.

In May of 2021, Ireland’s Health Service Executive, which handles healthcare and social services to the Emerald Isle’s nearly five million residents, was the target of a massive ransomware attack. Even as businesses and municipalities from all over the globe have been dealing with this plight, we mention this because of the aftereffects of this situation. Today, we take a look at the situation and what can be learned from it. 

With so many high-profile ransomware attacks being launched against manufacturers, pipelines, and even hospitals, it’s no surprise that many companies are worried about what the future of this threat means for their organizations. Ransomware poses a serious threat, one that cannot possibly be ignored, so we urge you to take action now so you don’t come to regret it later.

A recent surge of high-profile ransomware attacks strikes again with an assault on the world’s largest meat processor and distributor, JBS S.A. The cyberattack was so disruptive that the company was forced to suspend operations in both North America and Australia, leading to a considerable impact on the supply chain. Let’s take a deeper dive into what lessons can be learned from this situation.

The situation surrounding the hack against Colonial Pipeline has only become more complex as new information has come to light, each new discovery providing more insights and potentially actionable takeaways. Let’s examine some of the biggest developments surrounding the attack, and what they will likely mean for overall cybersecurity from this point forward.

Ransomware is no laughing matter, especially in terms of the costs it can impose on its victims—this is, after all, what ransomware is famous for. However, some of these costs can be derived from unexpected expenses and exacerbate the already significant issues that ransomware poses. Let’s go over some of the costs that you should anticipate, should you be targeted by a successful ransomware attempt.

When people talk about cybersecurity nowadays, there certainly seems to be a lot of emphasis put on phishing attacks and ransomware. This is for good reason. Not only can either of these attack vectors create significant difficulties for a business, they are often used in tandem. Let’s discuss why these threats are so potent, and why they so often show up together.

Florida’s Atlantic coast is a destination for millions of visitors each year. One visitor is costing a coastal city a pretty penny. Riviera Beach, a small city just north of West Palm Beach, has been hit with a major ransomware attack. Today, we’ll tell you how it came to be that the small beach city would make dubious history by paying what is the largest ransomware payout in the short history of these attacks.

Ransomware is a contender for the favorite method of attack for hackers. If you think about it, ransomware presents a no-loss situation. Either the victim pays the ransom and the hackers laugh all the way to the bank, or they move on to the next target and give them the same ultimatum.

Ransomware is still going strong, and now more than ever it’s important to emphasize the danger that it poses for your organization. Even municipalities and other high-profile targets are at risk of being taken down by ransomware. Since 2013, over 170 government systems at the county, city, or state levels have been attacked.

I think by now most people understand just how dangerous ransomware is. Even with some of the ridiculous names they have like Gandcrab, Jigsaw, and WannaCry. Hell, two strains even have names from the James Bond canon: LeChiffre and GoldenEye. But one funny-named strain of ransomware, SamSam, has been devastating information systems for sometime, and has caught the eye of several U.S. law enforcement agencies.

Run your Windows Updates and be very skeptical about opening unsolicited emails. Failure to do so may result in a very dangerous strain of ransomware that could infect your entire network and spread to your clients, partners, and prospects.

Looking back over the events of 2016, one thing was made very clear by cybercriminals: ransomware is a rising star in their arsenal. In order to continue to remain protected against these threats, it is critical to have a clear understanding of them.

According to the homeland security adviser to the White House, Tom Bossert, international blame for the global WannaCry attack is being directed toward North Korea. Responsibility for the attack that spanned from May 12th to the 15th of 2017 has been firmly placed on the Democratic People’s Republic of Korea, which Bossert says is in agreement with the conclusions of Australia, Canada, Japan and New Zealand.

In recent years, how-to guides and YouTube videos have brought renewed enthusiasm for the phrase ‘Do It Yourself’. From services that will ship all the ingredients needed for a home-cooked meal right to your front door to a kit that contains all of the building materials one needs to make a fully functioning ‘tiny house’, DIY kits have made it easier for someone who is less than an expert to successfully complete a project or learn a skill. The Dark Web has taken this infatuation with ‘DIY’ to a whole new level with a rising increase in the sale of Ransomware kits.

Ransomware exploded in 2017, and after a year with as much success as these attacks saw, it is no wonder that 2018 is expected to see more. However, in order to remain successful, ransomware will have to change and improve. In today’s blog, we explore a few predictions as to how this threat will do so.

Ransomware can target all kinds of entities, but one of the most devastating attacks in recent memory was launched against Atlanta, Georgia earlier this year. Atlanta suffered from an incredibly sustained and powerful ransomware attack that disabled much of the municipal government.