anti-ransomware software

 

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.

The true cost of ransomware is more than you think

Ransomware is no longer breaking news for consumers and companies. Large-scale infections like WannaCry and NotPetya were widely covered in the news last year.

Similarly, the damage caused by ransomware should no longer be a surprise either, with totals growing at an alarming speed. In 2015 ransomware damages totaled around $300 million, but it topped $5 billion last year and is expected to reach $11.5 billion by the end of next year.

We take a look at what the true cost of ransomware is.

World Backup Day 2018 - Survey Results

As the end of March approaches, it means World Backup Day is near – the annual reminder that if we don’t want to look the fool after data loss, we need to create secure backups.

Acronis conducts a global consumer survey each year leading up to the World Backup Day celebration, to gauge the attitudes, habits and knowledge of the general public. The findings were both eye-opening and contradictory.

Atlanta ransomware attack

Late Thursday, Atlanta, Georgia was hit by a ransomware attack that ended up infecting multiple applications and devices, crippling the city’s municipal computer system. As city employees arrived at work on Friday, they were each handed a flyer telling them not to turn on their computer until the IT department had cleared their systems.

In the meantime, cybercriminals were demanding $51,000 in bitcoin to return access to the ATL.

The Atlanta attack is just the latest high-profile ransomware attack that should prompt everyone to review their data protection strategy – because given how fast the threat from ransomware is evolving, old defenses are proving less effective against the new threats.

NioGuard finds Acronis Backup Most Secure Business Backup

For companies of all sizes, business backup software is an essential part of their security strategy. Financial, technical, and legal documents, as well as other working materials, form the basis of every business operation and must be protected. If these documents disappeared for any reason, a company would have to deal with big financial losses, if it survived at all.

Every business tries to avoid that kind of data loss, which is why a backup strategy can be found in nearly every organization. While a broad backup plan is good, it is becoming increasingly important to have secure backup software working for you ... and a recent test by independent testing lab Nioguard helps to show why.

Black Ruby: Combining Ransomware and Coin Miner Malware

Black Ruby Ransomware and Coin Miner

In the midst of all the news and hype surrounding cryptocurrency, we’ve seen several coin miner malware programs popping into the wild, infecting a number of computers on the internet. There’s been an upsurge in coin miner malware that victimizes individual PCs and businesses using the same techniques and exploits that were previously attributed to distributed ransomware. With all this happening, the cybersecurity industry started speculating that there is a shift from ransomware to coin miners as the preferred choice of payload for cybercriminals.

Interestingly, we found a new ransomware called Black Ruby that adds coin mining as a module on top of its ransomware capabilities.

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.

Rapid Ransomware

The Rapid ransomware variant began attacking victims at the end of December 2017, according to the ID ransomware service Malwarehunterteam. This ransomware strain is interesting and unique because it keeps running even after encryption is completed, and continues encrypting files once they are created. Our team analyzed a new sample that was compiled a week ago.

NEW Acronis Ransomware Protection

Given the explosion of ransomware – malicious code that infects your computer and denies you access unless you pay a ransom – Acronis is doing all it can to combat it and protect the data of businesses and home users. That’s why we’re excited to launch a free version of our anti-ransomware software today.

Acronis Ransomware Protection, is a free, standalone version of our unique, artificial intelligence-based anti-ransomware technology, which stops ransomware attacks in real-time and helps users to recover data without paying the ransom.

Acronis 2018 Data Protection Survey

Acronis 2018 Data Protection Survey

In a January 2018 survey polling members of the internet population on topics including how they protect their valuable files, if they know about ransomware, and what factors influence their software purchases, nearly half of the population (46.4 percent) reported that they were not aware of ransomware as a threat.

It proves once again that to combat the threat, we must ramp up awareness and spread the word.