By Georges Khoueiry

Ransomware Crawling its Way into private and Enterprise Network

As a Private user :

Whats is ransomware?

It is malicious software designed to encrypt (Block access) to your files and folder until a sum of money is paid.

It is a form of malware that encrypts your files. The attacker then demands money to decrypt your files upon payment. 

The hacker shows you instructions to pay a fee to get the decryption key. The costs can range from a few hundred dollars to thousands, payable to cybercriminals in Bitcoin.

How to Prevent Ransomware

Many defensive steps to prevent ransomware infection. Follow those steps to improve your defenses :lways keep your system patched and up-to-date.

Beware of untrusty software and access privileges.

Install antivirus software.

Back up your files, frequently and automatically in a different location in case you need to restore your data.

Remove the Ransomware and clean your PC

Reboot Windows 10 to safe mode

Install antimalware software

Scan the system to find the ransomware program

Restore the computer to a previous state

This will help regain access to your computer but will not decrypt the files

Unreadability of the files has already happened, it will be mathematically impossible to decrypt the files without access to the key that the attacker holds. You can restore an old backup but you will some data or pay the hacker which is not recommended as he might take the money and disappear.

Most law enforcement agencies urge you not to pay ransomware attackers, on the logic that doing so only encourages hackers to create more ransomware.

As for Enterprise:

Snake ransomware is back in action and has launched a global cyberattack campaign, infecting organizations.

It started on the 4th of May, organizations from around the globe were targeted. The attack on Fresenius compromised the company’s operations worldwide. It is a new strain that holds the data and IT system hostage in lieu of digital currency. 

With COVID-19, healthcare organizations are becoming a target for ransomware attacks as they are engaged in virus response. Moreover, Snake steals unencrypted files and encrypting The Data.

CISA, APT issued an alert: They are persistently targeting healthcare organizations, academia, medical research facilities, pharma companies, and local governments. They are seeking and collecting data about COVID-19

In our opinion, Enterprise Cybersecurity officers are requested to assume the worst and treat the attack as a data breach and enforce there Firewall and security measures.

This is also a free website that helps fighting ransomware https: https://www.nomoreransom.org ( No More Ransome Project)

Georges Khoueiry

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