anti-ransomware

Latest news in cyberattacks

There is always a lot happening in the world of cybersecurity, so we’ve captured some of the latest highlights in this week’s roundup.

Cyberattacks continue against Zoom and Governments

New cyberattacks continue to roll in the wake of the COVID-19 pandemic, including exploits of the most popular video conferencing service and doubling-down on the DoppelPaymer ransomware strain.

Here’s a quick recap of the latest updates to these attacks and the planned responses.

CoronaVirus ransomware and infostealer attack

At the moment, scammers are trying to cash in by sending out emails that promise pandemic relief money. The emails impersonate official entities such as the U.S. Federal Reserve or other official institutions. With subject lines like “Receive Payment” or “Relief Payment Form”, anxious users are motivated to click on a link that redirects to a phishing website, which tries to steal personal information or online banking credentials. Other email variants use these stimulus bills as bait to deliver a password protected “COVID 19 Relief.doc” document that contains a financial trojan or ransomware.

And we still see waves of classic COVID-19 themed malware threats making the rounds. One such threat example that we came across recently dropped a combination of ransomware and infostealer malware.

Cybersecurity software proven to need self-defense

At Acronis, we’ve taken the ability for security software to defend itself seriously right from the start. In 2017 and 2018, our solutions were tested for self-defense capabilities by independent labs, and their research revealed Acronis Cyber Protection Solutions delivered excellent results.

Of course, we continue to improve our technologies with every release and constantly research what we can improve in all aspects of cyber protection.

Given our mission of delivering cyber protection solutions that ensure the safety, accessibility, privacy, authenticity, and security (SAPAS) of data, in preparing for our upcoming Acronis Cyber Protect Cloud launch, we improved the self-defense capabilities even further.

Snake Ransomware Attacking ICS

Ransomware continues to be an active, evolving threat and one of the newest strains to emerge is Snake (also known as EKANS, which is simply “Snake” spelled backward).

First appearing at the end of December last year, the most interesting feature of Snake is that it targets industrial control systems (ICS) environments – not the individual machines, but the entire network. Designed to terminate specific processes on victim machines, including multiple items related to ICS operations, it also deletes Volume Shadow Copies to eliminate Window backups. 

While there is currently no decryption available, systems running Acronis Active Protection – the AI-based anti-malware defense that is integrated into our cyber protection solutions – successfully detects Snake ransomware as a zero-day attack and stops it in its tracks.

Travelex Hit with Powerful Sodinokibi Ransomware Attack

Sodinokibi ransomware cripples Travelex currency exchange

While most of the world was readying their New Years' Eve celebrations, Travelex was facing a devastating ransomware attack. In the early hours of December 31, the FinabIr-owned foreign exchange company was hit with Sodinokibi, a powerful ransomware strain that rendered Travelex websites in 20 countries inaccessible and left its airport outlets without access to the internet or email. 

Travelex IT teams have been working since New Year’s Eve to restore the affected systems and isolate the virus. Travelex has declined to comment on whether it will pay the ransom but, either way, this is not a good look for Travelex.

Ryuk Ransomware Strikes Again

Ryuk ransomware continues to wreak havoc – and one U.S. state in particular recently suffered from another successful attack that likely could have been prevented.

Several school districts and government offices in Louisiana were hit by an attack this summer. Unfortunately, the story was just repeated as several state agencies fell victim to another attack on November 18. In this case, the cyberattack shut down systems in the governor’s office, the Department of Motor Vehicles, the Department of Health, and The Department of Children and Family Services.

Acronis Cyber Dragon and the basics of cyber protection

The modern world is more dependent upon data than at any time in history. That means safeguarding data – and the applications and systems that rely on data – is vital for individuals and organizations alike.

Unfortunately, traditional backup and cybersecurity solutions are no longer enough because they cannot keep up with today’s threats. The world needs modern solutions that can protect data, applications, and systems.

Acronis has been advocating a new approach called cyber protection, which combines the best of data protection with innovative approaches to cybersecurity, while incorporating technologies that ensure the privacy and authenticity of data.

Let’s explore the basics of cyber protection.

Mozy customers want more than Carbonite

When Carbonite acquired Mozy for $145 million more than a year ago, the news understandably spooked many long-time Mozy customers and service provider partners. What would happen to their data? Would their costs increase? What kind of support could they expect?

Carbonite made a good show of trying to ease concerns, but communications were apparently less than ideal. Many Mozy users were surprised when Carbonite started being installed on their systems – and based on the reports we’ve been hearing from users and our managed service provider (MSPs) partners, the migration experience has not been smooth.

Since their backup solution is going to change regardless, now is a perfect time for former Mozy users to consider alternatives like Acronis, which offers several advantages over Carbonite.

Just released - Acronis True Image 2020

They say that the only constant in life is change. That’s never been more apparent than in today’s digital world, where the amount of data we generate grows exponentially, hackers use cutting-edge technology to make their attacks more effective, and individuals spend more on multiple services and solutions to protect and defend our personal data.

In our ongoing mission to protect all data, applications, and systems – wherever they are found – today we’ve released Acronis True Image 2020, the new version of our award-winning personal cyber protection solution. With more than 100 enhancements designed to improve its performance and multiple new features that provide greater protection and control, this new release delivers everything an individual needs to ensure they never lose another file.