“Consumers can save themselves from ransomware attacks by deleting or not opening emails that you don’t recognize”- By, Mr. Anshuman Singh, Senior Director Product Management, Application Security, Barracuda Networks

Barracuda-Networks-Senior-Director-Product-Management-Anshuman-SinghTell us more about Wannacry

WannaCry is a ransomware attack currently affecting Windows machines that are not patched with the latest operating system updates from Microsoft. It is different than prior strains in that it has a ‘hunter’ module incorporated into the malware. Past versions relied on the end user taking an action – downloading it from the web, clicking on a link in an email, or clicking on a malicious attachment. WannaCry only needs to be detonated once before it goes into hunter mode. Once your computer is infected, it instantly searches for other computers that are vulnerable throughout your network. 

How big is ransomware going to be in the coming days?

As cyber threats are always evolving, we don’t believe that the Ransomware trend will lose momentum in the coming years. Security analysts predict an average of 200 new variants of Ransomware per quarter with no signs of slowing well into 2023. It is a highly effective business! 

 

Impact of ransomware in India

Ransomware and Phishing attacks across the world are on the rise. Security analysts predict an average of 200 new variants of Ransomware per quarter with no signs of slowing well into 2023. According to the latest APWG report, the total number of phishing attacks in 2016 was 1,220,523, a 65% increase over 2015. Cybercriminals are increasingly using ransomware to attack Indian firms and entities. India ranks amongst the Top 5 countries in terms of ransomware attacks. The number could be much higher as many organizations do not come out in the open fearing loss of trust amongst clients and loss of future business. 

How can consumers save themselves from ransomware attacks?

Consumers can save themselves from ransomware attacks by deleting or not opening emails that you don’t recognize, and to make sure to backup personal files regularly so that you don’t have to pay if you do get attacked. For larger corporations, it’s a little more complicated, and more layers are needed. You have to secure the network perimeter with a Next Generation Firewall, and you have to have email security tools that identify malicious emails, viruses, scams, and malware. You should also consider endpoint protection for mobile and remote workers who are not protected by firewalls and such. Again, while email is by far the most common conveyor of ransomware, you should also protect other threat vectors and secure your web applications from attacks and install secure web gateways to stop the malware. Finally, if all these defenses fail, you should always have business-level backup solutions. In short, ransomware requires different security measures depending on the situation or entity.

 Any new threats other than ransomware?

It comes as no surprise that some malware strains have become household names in the last couple of years, with Cryptolocker, Locky, Cerber, and JigSaw being the most popular. Locky is probably the most notorious, known for its flexibility in using different modern programming kits that deliver threats via office documents. In 2016, we saw hundreds of thousands of documents used as attacks, though not all of them contained ransomware. Due to the prevalence of these at-risk documents, Barracuda introduced a new security layer to keep up with the sheer volume of incoming threats. 

How can Barracuda Networks help tackle ransomware? 

Barracuda provides a complete family of solutions that work together to help detect, prevent, and recover from ransomware attacks. Three key areas where Barracuda can win in the fight against ransomware:

  • Multiple threat vector protection – Today’s advanced threats are designed to exploit multiple threat vectors, including email, web downloads, web applications, mobile devices, users, and so on. Barracuda is in a unique position to address these threats across all threat vectors. 
  • Advanced Threat Protection (ATP) – Advanced Threat Protection is critical to stay ahead of these morphing threats. It is the glue to a company’s security infrastructure, across all threat vectors. Adding ATP across your Barracuda products provides dynamic security to keep you safe from existing threats as well as future threats in real-time. This is more important now than ever as attacks like WannaCry target multiple threat vectors (to put it simply, it doesn’t help as much to bolt your front door but leave the window open next to it).
  • Backup – Data protection has increasingly become a bigger part of the security discussion. Having a comprehensive and integrated backup strategy is critical to the ability to recover quickly from ransomware attacks with minimal impact. 

©Technuter.com News Service

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