Bad Rabbit Ransomware Spreading across Europe
A new strain of ransomware has sparked concern as it spreads through various countries. Bad Rabbit ransomware sprung up on October 24, infecting organizations in Russia and Eastern Europe.
Bad Rabbit is spread through a fake Adobe Flash update on compromised websites (similar to what we recently saw with the NFL data breach.) When the ransomware infects a machine, users are directed to a payment page demanding .05 bitcoin (about $285).
Luckily, the attack is not spreading as far or quickly as the recent WannaCry and NotPetya attacks. However, Bad Rabbit can also move across a network without user interaction, further complicating things for victims.
As of Wednesday morning, there are only 200 confirmed infections reported to authorities.
However, as we found in SynerTech’s Ransomware Report, fewer than 1 in 3 attacks are reported to the authorities so that number may be higher. To learn more about the current state of ransomware and some interesting trends, check out the full report.
How to Avoid CyberAttacks?
Employee Education: CYBERSECURITY 101 It's critical that your staff understands what ransomware is and the threats that it poses. Provide your team with specific learning experience examples of suspicious emails with clear instructions on what to do if they encounter a potential ransomware lure (i.e. don’t open attachments, if you see something, say something, etc.) see CYBERSECURITY 101 training program below
Security: Antivirus software is essential for any business to protect against ransomware and other risks. Ensure your security software is up to date to protect against newly identified threats. Keep all business applications patched and updated to minimize vulnerabilities.
Backup Disaster recovery: Modern total data protection solutions take snapshot-based, incremental backups as frequently as every five minutes to create a series of recovery points. If your business suffers a ransomware attack, this technology allows you to roll-back your data to a point-in-time before the corruption occurred. First, you don’t need to pay the ransom to get your data back. Second, since you are restoring to a point-in-time before the ransomware infected your systems, you can be certain everything is clean and the malware can’t be triggered again.
EmailSecurity: Use a real Cloud-based email security platform, a robust, secure, and legally compliant email encryption.
Quarterly Network Security Assessments: Did you know that most security vulnerabilities occur inside a business, behind the firewall? In fact, more than 70% of all cyber security incidents today are the result of INTERNAL security issues that no firewall, anti-virus or malware device could have prevented. schedule yours now.
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