Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Are You Prepared for the Surge in Ransomware?

Incidents of ransomware have been increasing and evolving steadily for years as financially motivated adversaries shift tactics when one is no longer profitable. Unfortunately, many organizations haven’t been able to adapt their security operations to keep up. Back in 2019, 60% of organizations told ESG that they experienced a ransomware attack that year, with 29% reporting that attacks happened at least on a weekly basis.

US offers $10 million reward in hunt for state-sponsored ransomware attackers

The United States Department of State is offering a reward of up to $10 million for information leading to the identification of anyone, working for a foreign government, who participates in a cybercriminal attack against American critical infrastructure. The news of the reward comes at the same time as the White House announced it was setting up a ransomware task force following a series of high-profile attacks in the United States.

Five Questions Your Organization Must Ask to Prepare For a Ransomware Attack

Since last week, I’ve been speaking with Splunk customers and our own team about the cyberattacks impacting the Kaseya software platform. While Splunk was not impacted by the ransomware attack, as a security leader we want to help the industry by providing tools, guidance and support. It’s critical that we work together as a community to counter cybersecurity threats and share information about events like these.

Addressing the Ransomware Attack Against Kaseya VSA Customers

On the afternoon of July 2, 2021, Kaseya reported that it had been impacted by a ransomware attack affecting its Virtual System Administrator (VSA) product and advised users to shut down VSA servers immediately. Initial reporting indicates this was a well-orchestrated supply chain attack impacting about 60 managed services providers (MSPs) and up to 1,500 client organizations by leveraging a zero-day vulnerability (CVE-2021-30116).

REvil/Kaseya Incident Update

Following the July 3, 2021 news of a ransomware attack targeting Kaseya, a US-based software developer that supplies managed service providers (MSP), more information about the incident, including additional indicators of compromise (IOC) have now been shared. Reportedly the "biggest ransomware attack on record" according to some, initial reports suggested that Kaseya themselves were compromised and their network management software, VSA, was compromised to deploy a ransomware threat to their customers.