Ransomware

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. 

Meet the World-class Stars of the Data Protection Team

Meet the World-class Stars of the Data Protection Team

With just one match to go, getting tickets to the cup championship in Russia this Sunday is as difficult as blocking a shot by Harry Kane. Whether you're hoping to catch a French win or want the English team to "take it home" if you’re at the event you know that your digital media will be your record of the festivities.

With mobile devices becoming a new attack vector, fans need to secure all their information with an artificial intelligence based data protection option that rivals the top players who appeared in the 2018 tournament.

Cyanweb Solutions taken down in online attack

Cyanweb Solutions taken down in online attack

On June 27, 2018, Australian web and IT services provider Cyanweb Solutions experienced a data terrorist attack: the stuff of business nightmares. A coordinated attack against the Perth-based company deleted all but 12 percent of the client data stored on its cPanel administrative server.

As a company that not only designs websites but acts as an in-house IT department and online marketing advisor to its business customers, the attack’s speed and sophistication is a reminder that even the savviest technology companies are at risk.

Thankfully, you have more control over your information than you realize.

Separating fact from fiction in The President is Missing

IT security professionals often cringe in amusement when cybercrime-themed novels appear on bestseller lists, like “The President is Missing” by former US President Bill Clinton and fiction author James Patterson. Its plot centers on a “devastating stealth wiper virus” called Dark Ages, likely a nod to recent real-world ransomware outbreaks.

But this is entertainment, not a serious work of scholarship. If you are worrying about a cyberattack that can only be stopped by a superhero, you hopefully are reclined and sipping a piña colada, not thinking about actual IT security strategy.

 

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.

Get Ready to Protect Your Business

As a global leader in hybrid cloud data protection and storage, Acronis is always developing or enhancing solutions designed to solve the challenges that businesses face, both today and in the future. So we asked IT Central Station to conduct a survey of North American businesses as a pulse-check on the attitudes and practices of IT professionals, system engineers, project managers and business owners regarding the backup services they require.

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.