“Have you backed up your files?” If you had a Dirham for every time you heard this and followed up with immediate action, you’d be a Shiekh by now. But alas, we’re here because you didn’t do your due diligence and now you have to pay the ultimate price—your data has been compromised and you’ll have to decide what to do about it. But don’t feel too bad; data backup at a corporate level is a luxury not everyone gets to enjoy.
BlackCat (a.k.a. ALPHV and Noberus) is a Ransomware-as-a-Service (RaaS) group that emerged in November 2021, making headlines for being a sophisticated ransomware written in Rust. It has both Windows and Linux variants and the payload can be customized to adapt to the attacker’s needs. BlackCat is also believed to be the successor of the Darkside and BlackMatter ransomware groups.
Every software we use consists of instructions in the form of computer codes that dictate how computers behave or perform certain tasks. But not all software is designed to make our lives easier. Malware, a portmanteau of the words malicious and software, is specifically designed to help hackers gain access to, steal information from, or damage a computer. Oftentimes, all this happens without the knowledge of the computer user themselves. Until it’s too late, that is.
Let’s dig deeper into the techniques used by attackers and the mitigations you should implement when ransomware on Azure affects you. By now, we should all be aware of ransomware from the constant news articles associated with this known threat. As we explained in the anatomy of a cloud attacks, ransomware is a way for attackers to make money when they gain control of your accounts through data encryption, therefore restricting your access to the system.
In workplaces of the past, IT teams could afford to trust the devices in their network because they knew them. After all, they issued and managed them. But today’s work environment makes trust a little difficult. From work from home to the vast expansion of enterprise applications, IT and security teams have a whole new set of cybersecurity challenges to mitigate. Your workers are human and are subject to human error. Phishing attempts are not always easy to spot.
Have you ever walked up to an ATM after another person finished with the machine only to find they left it on a prompt screen asking, “Do you want to perform another transaction?” I have. Of course, I did the right thing and closed out their session before beginning my own transaction. That was a mistake an individual made by careless error which could have cost them hundreds of their own currency.
Rubrik Zero Labs is excited to share “The State of Data Security: The Human Impact of Cybercrime”. This in-depth global study commissioned by Rubrik and conducted by Wakefield Research gives businesses around the world a deeper look into the challenges that IT and security decision-makers face, the effects of those challenges, and subsequent solutions. This study engaged over 1,600 senior IT and cybersecurity leaders with more than half at the CIO and CISO level.
As an entrepreneur, you're well aware of how devastating ransomware attacks can be. And as the frequency and magnitude of such attacks are constantly on the rise, devising a formidable plan to protect your startup from a ransomware attack is imperative. According to CrowdStrike 2022 Global Threat Report, there has been an 82% YoY increase in ransomware-related data leaks in 2021. What's more? According to Statista, there were 623.3 million ransomware attacks worldwide in 2021.
That’s a wrap for Data Security Summit 2022! Last month, we gathered some of the wisest forces from the frontlines of cybersecurity to discuss why data security is a crucial component—and often a missing one—of a well-rounded security strategy.
