Acronis Active Protection

Cryptojacking - The Petty Cyber Crime Hiding a Deadly Threat

One of the fastest-growing malware threats of the past 18 months affects half of the businesses in the world, and most of them don’t know it. It’s called cryptojacking, an unintended consequence of the booming popularity of cryptocurrencies like Bitcoin. Most victims don’t notice that they’ve been hit by cryptojacking because its adverse effects are relatively inconsequential: it just steals CPU cycles from your computer, as well as the electricity required to power it.

Getting hit by ransomware -- a similarly-pervasive and fast-growing but much more destructive malware threat -- is like a roundhouse punch to the face: your files get locked up with encryption until you pay some distant criminal hundreds or thousands of dollars for the key. Compared to ransomware, cryptojacking seems more like a mosquito bite: an annoyance, not a grave threat.

But the harsh reality is that like disease-carrying insects, some cryptojackers bring lethal friends along with them.

Acronis True Image 2019 Cyber Protection

There are few constants in the world. The sun will rise in the east. Rain will fall. Dropped toast will always land buttered-side down. And as quickly as technology advances, the threats to the data we rely on every day evolve as well.

While it is difficult to imagine every potential data loss event, since our founding 15 years ago, Acronis has gotten very good at anticipating and responding to threats so customers are always protected. Every solution Acronis offers is designed with the Five Vectors of Data Protection in mind – ensuring data is Safe, Accessible, Private, Authentic and Secure. We remember it by its acronym: SAPAS.

This week’s update for Acronis True Image 2019 is the latest addition to our SAPAS-defined protection portfolio.

 

Port of San Diego Hit by Ransomware

The bustling Port of San Diego is recovering from a ransomware attack that hit on Tuesday, September 25, striking the administrative computer systems. The FBI and U.S. Department of Homeland Security are currently on-site investigating the ransomware further. And while the Port remains open to the public and shipping traffic is unaffected, certain systems are being shut down as a precaution while Port officials develop and implement their recovery plan.

The incident marks the second cyberattack on an international port this week, as the Port of Barcelona was forced to fall back on contingency plans in response to an attack on their servers. Yet these are just two of the latest examples in a troubling epidemic of cybercrimes that target transportation, municipal, and governmental infrastructure.

AI can unlock a new level of security sought by experts

How well protected is your company’s data? If you’re like the majority of IT professionals, probably not well enough. That’s not our opinion, but rather the honest answer from 62 percent of IT professionals from around the globe who reported that their security infrastructure has gaps that would allow attackers to penetrate their defenses.

That revelation is just one of the troubling findings from the Ponemon Institute’s recent report on the modern IT security gap and how artificial intelligence (AI) and machine learning (ML) could help.

 

Acronis True Image 2019 is here

Acronis True Image 2019, the 15th Anniversary Edition of our personal backup solution, has just been released and for users looking for protection that keeps their data safe, accessible, private, authentic and secure, they’ll find the new release exceeds their expectations.

That’s because the Anniversary Edition of Acronis True Image 2019 is designed to go beyond traditional data protection, and instead brings a new level of cyber protection that is easy-to-use, efficient, and secure to home and home office users.

The Atlanta SamSam attack proves prevention is best

According to Atlanta’s chief of Information Management, more than a third of the city’s 424 essential applications were laid low by the SamSam ransomware attack in April, with 30 percent of those supporting vital municipal functions like the court system and police department. According to reports, the City Attorney's office lost all but six of its 77 computers and 10 years' worth of documents, while the police department lost all of its stored dash cam recordings: serious losses of critical data.

The attack illustrates the old adage that an ounce of prevention is worth a pound of cure -- especially since there is a free anti-ransomware solution that would have stopped the attack and saved the city $10 million. 

Artificial Intelligence's Role on Soccer's Biggest Stage

Artificial intelligence, machine learning, and the 2018 Soccer Tournament

Artificial intelligence and machine learning are quickly changing how we experience the world. As the biggest soccer tournament of 2018 amps up soccer fans around the world, few are probably thinking about AI’s impact on the games – yet these cutting-edge technologies are also transforming how we play, watch, and predict sports.

Let’s take a look at how these technological innovations are helping to reshape the world of international soccer, and where else they’re acting as game changers.

The Trump-Kim Summit missed addressing cyber warfare

Now that the U.S. and North Korean officials have left Singapore, the pundits are debating the effectiveness of the recent nuclear weapons summit between U.S. President Donald Trump and North Korean Chairman Kim Jong-un. Yet despite the multiple areas of concern covered during the summit, there’s one security topic that wasn’t addressed by either side – cyber warfare.

In fact, just three days after the summit, North Korea was again accused of launching a new attack as the Typeframe malware strain was uncovered.

Given our role as a global leader in cyber protection, Acronis was hopeful that the negotiations would address these concerns. The experts at Acronis’ Singaporean Security Research Centre consider cyber warfare an unfortunate omission from these talks.

 

Ransomware Can Risk Your GDPR ComplianceWhen the EU’s General Data Protection Regulation (GDPR) comes into effect next month, organizations that handle the personal data of any EU citizens – whether you capture it yourself or process it on behalf of another company – will have to get much more serious about protecting it. That includes building robust defenses to protect against security breaches.

Your GDPR compliance can depend on defending your EU customers’ personal data against ransomware. This Tale of Two Companies infographic explains why.

SpriteCoin Ransomware

The new SpriteCoin ransomware (also known as MoneroPay) leverages a novel social engineering technique – posing as a new cryptocurrency called SpriteCoin. It packs a one-two punch as well, combining a cryptolocker and password stealer in a single application.

The link to the SpriteCoin homepage was published on the bitcointalk.org forum and spread among users interested in new cryptocurrencies. The topic was removed when its malicious nature was revealed, but let’s take a look at the details.