Friday, May 31, 2019

Ransomeware is increasing at an alarming rate..

As you’ve probably noticed from tuning into our weekly newsletter, ransomware attacks are increasing in scope and severity at an alarming rate.

Security researchers are now tracking a new ransomware that is infecting computers by disguising itself as anti-virus software. Talk about a malicious advancement for an already meticulous cybersecurity threat!

This latest file-locking malware is disguised as an anti-virus installation that users willingly download on their computers. Victims are lured by the false request  through phishing emails that prompt users to “update and verify” their anti-virus software with an embedded link.

When users click on the link, the malware downloads ransomware and an outdated anti-virus software. The download begins encrypting files in the background while unknowing users complete the anti-virus software installation.

While this tactic isn’t necessarily new, its reemergence should compel companies to train their employees to spot malicious materials and to create a comprehensive plan for dealing with phishing scams, malware, and ransomware attacks. Consider partnering with an MSP that can offer phishing simulation training, like BullPhish ID from ID Agent, that can help support such initiatives with state-of-the-art solutions.

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