Another day, another government ransomware victim. On March 22nd, 2018, the city of Atlanta found itself locked out of computers across government offices and facing a ransom demand of $51,000 or $6,800 per computer, GCN reported.
Ransomware is quickly becoming the favored means for criminals to extract a profit from unsuspecting villains – most notably in the public sector. Throughout 2017 ransomware grabbed the headlines – WannaCry, Petya, etc. – both of which targeted government agencies. When they succeed the implications can be serious.
Another nameless, faceless adversary (or as the U.S Army calls them “the enemy with no face”) struck again in the last week of June. Hot on the heels of WannaCry attack in May, the Petya ransomware campaign brought widespread disruption to organizations, government agencies, and infrastructure worldwide.
[Report] The New Cyber Threat Landscape: Tactics are Getting Simpler, Outcomes are Becoming Unprecedented
It will come as no surprise to anyone that 2016 saw an alarming increase in targeted attacks aimed at politically motivated sabotage and subversion. This new level of ambition by cyber criminals is corroborated by the annual Internet Security Threat Report from DLT partner, Symantec. The perceived success of several campaigns – particularly the U.S.
As the worldwide fallout of the WannaCry ransomware virus continues and the blame game starts, the worldwide attack underscores the need for basic security hygiene, updating of operating systems, and regular patching writes DLT Chief Cybersecurity Technologist, Don Maclean.
On May 12 a ransomware virus, WannaCry, was released on the Internet and rapidly spread to hundreds of thousands of Microsoft Windows based computers in over 150 countries. The malware encrypts critical files on a computer, such as Excel, Word, and other important files, and seeks out backup copies for encryption as well. Once it infects a system, it requires the victim to pay approximately $300 in digital currency (Bitcoin), and immediately tries to find other systems to infect.