Ransomware is a threat that has been growing significantly as of late, partly because many organizations end up paying up to recover their files, which incentivizes the criminals to attempt these kinds of attacks.
Ransomware is a form of malware that encrypts your data, locks your access to any infected computer and demands a ransom, usually paid in bitcoin currency, which makes it hard for law enforcement to trace the attacker.
The majority of cybersecurity experts recommend not paying, but some companies and even local governments have found it to be the only way to recover from the attack. Smaller organizations face the most difficulties recovering from these incidents, with one example being the Wood Ranch Medical Clinic, who was forced to close permanently after a ransomware attack deleted all of their medical records and patient files. The best alternative is to protect yourself from these attacks and to take all the necessary measures to respond efficiently following a ransomware attack.
Here are four tips to prevent ransomware attacks:
1. Educate your employees
The easiest way for a hacker to infect your systems with ransomware is generally through social engineering attacks, which aims to take advantage of your employees with less technical abilities or knowledge. A recent study revealed that 93% of phishing emails conceals ransomware. While ransomware attacks are still performed through an exploitation of your technological vulnerabilities, phishing emails are usually the first vector of attack used by hackers to exploit these technical vulnerabilities. In most cases, these malicious emails contain infected attachments or links to malicious websites that will automatically download the ransomware to the user’s workstation. The malware will then look for any technical vulnerabilities to gain administrative privilege within your infrastructure, allowing it to spread across your network to encrypt your other devices.
Employees who routinely process external emails should be thoroughly trained to detect phishing emails and their level of awareness should be regularly assessed so they can be educated on the risks. This includes checking headers and email addresses for typos, checking for typos in the URLs of websites they visit, avoiding suspicious attachments, etc. Bear in mind that social engineering emails often look very sophisticated and may not be immediately distinguishable.
2. Segment network access
Furthermore, it is essential that you grant network access granularly to prevent the ransomware’s spread throughout your organization. Segmented networks restrict an employee’s access to the files, systems and functionalities they need for their everyday operations, limiting the potential impact of a ransomware attack and the time needed to recover from it. For instance, a user who occasionally requires administrative privilege to one of your systems could be granted temporary access when needed, rather than providing him with constant access. Remote access and external devices brought by your employees should also be segmented to prevent them from accessing your internal network. For example, providing your employees with a wireless network to connect their mobile devices that is segmented from the network used by your internal devices and workstations.
With properly segmented access, an attacker might only be able to encrypt a small percentage of your files and infrastructure, allowing you to carry on with your usual business operations with little to no impact. Your IT team will only have to restore the backups to that specific instance, requiring fewer resources and preventing interruptions of service for your company.
3. Keep systems up to date
In most cases, this type of malware will look for outdated software, operating systems and devices in search of known vulnerabilities within those obsolete versions. This means that a critical vulnerability previously fixed in a software’s security patch will become part of an attacker’s toolset, one of the vectors of attack they will look for to infect your system. These critical vulnerabilities are often used by hackers to gain administrative privilege within your system and infect any data and workstations they can access.
A recent strain of ransomware known as “WannaCry” leveraged obsolete software to infect hundreds of thousands of computers across 150 countries. These attacks caused some of the largest ransomware incidents in history, such as the NHS ransomware attack that caused disruption across all medical centers in the UK, delaying surgeries and patient care for nearly a week. This attack resulted in financial losses of around £92m for the NHS. This attack was a prime example of why you should always keep your operating systems and software up to date. It’s also important to note that you should always use trustworthy and reputed software to prevent these types of infections.
4. Manage backups properly
Lastly, the most efficient way to prevent ransomware from having any impact on your company is with proper management of your backup copies. Although backups can get expensive, they will pay off in the long term should you be faced with a ransomware attack.
Backups should be hosted externally, using unlimited copies services. These services create a backup every time a file is modified, rather than following a set schedule. This allows you to revert the compromised system to the precise point where it was infected while keeping your backups safe from hackers. Hosting backups internally can have dramatic consequences, similar to VFEmail who had their entire infrastructure, data and backups wiped out, hence why you should always count on an external backup service.
You should also keep multiple iterations of backups, so you don’t restore from a backup which contains the ransomware. With proper backup management, you can simply restore the system rather than paying the ransom, thus limiting any potential impact of ransomware on your operations.
Worried about the consequences ransomware might have on your company? Reach out to a specialist to assess and mitigate your risks of an infection. Vumetric can help you develop a strategy to protect your business from ransomware attacks. Contact a specialist today to find out how we can help.