Ransomware protection built for MSPs
- 1 out of 10threats made it to the endpoint
- 50%increase in new malware samples appearing in the wild
- 222%surge in email attacks detected in 2023, compared to the second half of 2022
- Singapore, Brazil and Spainthe three most targeted countries for malware attacks in Q4 2023
Active ransomware gangs targeting MSPs
LockBit
Details:
LockBit ransomware first made headlines in 2019. The group employs a ransomware-as-a-service (RaaS) model to target victims. LockBit reigns as a top active ransomware group that infiltrates MSPs and MSSPs worldwide. Recently, this ransomware group claimed victims in government and health care sectors with ransom demands as high as $1.5 million. Phishing emails are one of the most common ways the group delivers attacks. However, LockBit is also known to exploit vulnerabilities in remote desktop protocol (RDP) services and leverage sophisticated methods to bypass multifactor authentication (MFA).
In the News:
ALPHV
Details:
ALPHV ransomware was first observed in 2021 and has gained attention as one of the most prolific ransomware threats targeting MSPs and their clients. The ransomware group employs various vectors of attack to infiltrate networks and encrypt data, including phishing emails, exploit kits and compromised websites. The gang also uses social engineering tactics to gain access to networks, from impersonating IT professionals in phone calls and text messages to live chats. The latest attacks include high-profile victims that suffered multimillion-dollar losses.
In the News:
Cl0P
Details:
Cl0P ransomware first emerged in 2019. Infamously, the group extorts victims through the MOVEit data theft campaign that exploits a previously unknown SQL injection vulnerability, known as MOVEit Transfer. It is projected that the gang will rake in $75-100 million USD from its victims. According to CISA, IT professionals and MSPs should be on the lookout for IOCs and TTPs that have been identified based on the latest FBI investigations.
Find out more about Cl0P on Acronis: /blog/posts/dissecting-petya-ransomware-what-can-you-do-protect-your-computer
In the News:
Play
Details:
Play ransomware is a newly discovered gang that notably attacked Argentina's Judiciary of Córdoba in 2022. Following the incident, the Play ransomware gang have attacked other victims worldwide, including MSPs and the organizations they protect. In these attacks, the gang claims to have stolen confidential information and threatens to release this data if the victim refuses to pay the ransom.
In the News:
Proven protection against ransomware
Independent laboratories, cybersecurity analysts and industry groups agree that Acronis offers the best defense against modern threats.
Don’t be a victim
How Acronis solutions safeguard your data, applications, and systems
- Detects AttacksUsing artificial intelligence, Acronis monitors your system in real time — examining the process stack to identify activities that exhibit behavior patterns that are typically seen in ransomware and advanced cyberattacks.
- Stops EncryptionIf an attackertries encrypting your data or injecting malicious code, Acronis immediately stops it and instantly notifies you that something suspicious was found. You can then block the activity or allow it to continue.
- Restores Affected FilesIf any files are altered or encrypted before the attack is halted, Acronis Cyber Protection Cloud solutions will automatically restore those files from the backup or cache — almost immediately reversing the impact of any attack.
- Delivers unified cyber protectionOnly Acronis unifies cybersecurity, data protection and management to comprehensively protect you and your clients against complex cyberattacks — by leveraging hybrid cloud, AI, encryption and blockchain — into one easy, efficient, secure solution.
Solutions
Centralized cyber protection solution to streamline your endpoint protection, backup and disaster recovery, and management through integration and automation.
The world’s #1 personal unified anti-malware and backup — proven to be the fastest and easiest to use.
Proud member of AMTSO
ML contributor to VirusTotal
Member of The Messaging, Malware and Mobile Anti-Abuse Working Group
Member of Microsoft Virus Initiative
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Frequently Asked Questions
What is the best protection against ransomware?
A growing number of MSPs continue to seek ways to consolidate their vendor lists to reduce costs, improve efficiency and achieve comprehensive protection. Not only does taking a multilayered approach help close security gaps, but also fortify resilience.
Acronis Cyber Protect Cloud is a comprehensive solution that combines cybersecurity, data protection and management, enabling MSPs to meet the unique needs of clients, including qualifying for cyber insurance, adhering to industry regulatory compliance and safeguarding business continuity — all at an affordable price. Acronis empowers you to centrally manage, provision, and scale cybersecurity, backups, recovery, and endpoint management through a single console, eliminating the need to manage multiple individual tools and saving valuable resources and time.What is the 3-2-1 rule for ransomware?
Adopting a 3-2-1 backup strategy is one of the most effective ways to safeguard data against security vulnerabilities. The 3-2-1 strategy ensures that organizations have three copies of sensitive data: your production data and two backups — one housed in a different geographical location and one copy housed off-site. By separately storing secure backups in both local and off-site locations, businesses reduce the risk of data loss regardless of the location or cause — including natural disasters, human error and cyberattacks.
For instance, if a fire destroyed one of the off-site backup locations, the data would be safe where it was backed up locally and in the remaining off-site location. This empowers your MSP business to quickly and easily restore the data to your clients and minimize downtime for their business.How can I build a ransomware incident response plan (IRP)?
Building a ransomware incident response plan is critical to streamlining and outlining how your MSP business will respond to ransomware if your clients are attacked. A comprehensive IRP involves ten fundamental steps to help minimize the financial, reputational and operational harm to you and your clients following an attack. This includes:- Defining security objectives.
- Establishing a designated incident response team.
- Developing an incident classification framework.
- Outlining how you will detect and identify ransomware threats.
- Containing and remediating the threat.
- Recovering data and restoring it.
- Implementing communication protocols.
- Ensuring legal compliance.
- Documenting and reporting the incident to necessary stakeholders.
- Training and educating your IR team, clients and their employees on your ransomware response plan.
- Documenting and reporting the incident to necessary stakeholders.
- Ensuring legal compliance.
- Implementing communication protocols.
- Recovering data and restoring it.
- Containing and remediating the threat.
- Outlining how you will detect and identify ransomware threats.
- Developing an incident classification framework.
- Establishing a designated incident response team.
- Defining security objectives.
What are some methods of prevention against ransomware for MSPs and their clients?
Ransomware prevention as an MSP business boils down to three core themes to better protect your clients: enhancing visibility, taking a zero-trust architecture approach and leveraging AI-based detection.
To learn more about preventing ransomware attacks, read: The Ultimate Guide to Ransomware Protection and RecoveryWhat are the three fundamental measures for fighting ransomware as an MSP?
Endpoint security is vital for businesses, especially as they grow and increase the number of devices connected to their network. To effectively secure your clients’ endpoints, endpoint detection and response (EDR) or endpoint protection platforms (EPPs) are essential to safeguarding IT environments. While EPP focuses on monitoring and managing devices, EDR goes a step further by emphasizing threat detection and response to mitigate cyber risk.
Regular patch management is crucial to address vulnerabilities and reduce the risk of attacks. Automated patch management can streamline this process and ensure compliance and system performance.
Additionally, data backup is essential to counter ransomware attacks — following the 3-2-1 rule of backup to maintain multiple copies of critical data on different storage media.What are the top ransomware protection strategies for MSPs?
As an MSP business, you can ensure your clients are holistically protected against ransomware through leveraging the NIST Cybersecurity Framework. The core functions of NIST include Identify, Detect, Protect, Respond and Recover.
The NIST Framework was designed to help organizations enhance their security posture. By ensuring protection layers to address each function, you can close security gaps, mitigate cyber risk and fortify business resilience to clients.
To learn more, explore the whitepaper, “Cyber Protection Across the NIST Framework for MSPs.”
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