5 Top ransomware exploits that you should know

We used to call the Internet the “information super-highway” back in the day, when connections were slow, bulletin boards and gopher were about as techie as it got. Those days are long gone, but something of the ‘highway’ has remained, like a bad smell, one that has come back to haunt us in 2017… The highway robber!

The person who went about their villainy on the trade routes and highways of the world, extorting money and valuables from unsuspecting travellers with a simple threat –– ”your money or your life” –– reinforced of course with the trademark flintlock pistol and sabre.

Today’s highway robber is a lot more sophisticated and savvy. They take far less risk and turn to the latest technology to extort you out of your money by threatening your valuables. In this case your data, your technology and most probably your computing ability.

Of course, I’m talking now about ransomware, the threat that’s been in the news almost every day for the past couple of months. The tool of choice for the modern highway robber has become headline news around the world with variants such as WannaCry and the more recent Popcorn Time. Organizations around the world have been affected by this ransomware, from the UK National Health Service, through to the Russian Postal Service in the last few weeks.

Interestingly, WannaCry leverages a previously known vulnerability in the Windows operating system, which is alleged to have been hoarded by a national security agency of the USA. In this case a vulnerability which allowed the ransomware to be especially successful in both current and older versions of Windows, such as XP and Windows 7, by using a weakness in their inbuilt SMB networking functionality. Even when out of support, there are still organisations using Windows XP and putting themselves at risk.

Luckily however an enterprising security researcher managed to find a kill switch written into some variants of WannaCry, in the form of a phone-home domain which hadn’t been registered by the malware’s author. Registering the domain seemed to give these variants of the malware the dead letter box it was looking for in order to shut down, thus halting the attack.

After intense examination of WannaCry’s tactics by the security community, we now know the infection spread within organizations by means of leveraging SMB connections. And, while patching the known vulnerability (as the patch had been out for over a month) helps sqelch WannaCry’s ability to spread, there are a broad range of ransomware sources through which you can get infected, such as:

Of course, we’re used to thinking of ransomware as an email-specific or Trojan-based attack and that’s certainly the most common route it takes, but we should note that once ransomware makes its way into your business, ransomware creators will attempt to take as many routes possible to ensure as widespread an infection as is possible.

What all of these attacks and the breadth of ransomware sources show us is that it’s a live and hostile environment on the information super-highway and that for all the good we do, there are still people intent on exploiting, stealing, violating and pillaging our assets. Don’t be under any illusion they’re not motivated either; ransomware is a great money earner for them so don’t expect the attacks to die down anytime soon. Technologically not doing your best is not an option either. Sitting back hoping Windows XP or 7 will “struggle on for a little longer” or that those patches you didn’t deploy don’t matter is not a sensible strategy. Remember there are books written about hope not being a strategy, so don’t fall into that trap.

Patch your stuff, back up your valuables and keep an eye out for the highway robbers.

Stay safe out there.

What can you do with Veeam to stay resilient against ransomware? Check out our ransomware series content.

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