Kaspersky reveals five ways ransomware gangs play today

Issue 2 2021 Information Security

Over the past few years, the methods cybercriminals use to distribute ransomware has changed dramatically. While a few years ago, they would spread encrypted files on a large scale, today their ransomware attacks have become more focused. Now, fraudsters examine the target in detail and research each target, looking for additional leverage. Infamous ransomware gangs behave like a fully-fledged online service provider, using traditional marketing techniques. Kaspersky experts have identified five clear examples of this transformation, using the Darkside ransomware gang as an example.

1.) Darkside actively establishes contact with the press. On their website, there’s a semblance of a press centre set up to enable journalists to ask questions and receive first-hand information and to learn about upcoming publications of stolen information in advance. In fact, Darkside operators strive to get as much resonance in the networks as possible.

2.) Ransomware groups collaborate with decryption companies. This is evident because many state-owned companies are prohibited from entering negotiations with cybercriminals. This has created a demand for such intermediaries, who provide legitimate data decryption services.

3.) Darkside claims to donate part of their income to charity. Thus, they show those who do not want to finance crime, that some of their money will go to a good cause. However, some charities are prohibited from accepting illicit money and such payments would be frozen.

4.) The cybercriminals now carefully analyse stolen data and the market. Before publishing information, they study the contacts of the company and identify well-known customers, partners and competitors. Kaspersky experts state that the main purpose of this is to maximise target damage, to intimidate victims and to increase the chances of getting a ransom.

5.) The Darkside ransomware gang now has its own code of ethics, just like real enterprises do. They claim to never attack medical companies, funeral services, educational institutions, non-profit organisations, or government companies.

“We’ve witnessed a massive transformation in how ransomware gangs play in the market nowadays. The only reason for this shift is their immense profit. Today, cybercriminals have more funds than ever before, which they can invest in market analysis and work with partners, journalists and charities. To defeat them, we need to cut off their financial flows and namely, to stop paying ransoms,” comments Roman Dedenok, security expert at Kaspersky.

In order to protect business data from ransomware attacks, Kaspersky recommends:

Installing only applications obtained from reliable sources from official websites.

• Always have fresh back-up copies of your files, so you can replace them in case they are lost (e.g. due to malware or a broken device). Remember to store them, not only on the physical object, but also in the cloud for greater reliability. Make sure you can quickly access them in an emergency.

Paying more attention to digital literacy inside the company. For example, by introducing cybersecurity awareness training for your employees.

Installing all security updates as soon as they are available. Always update your operating system and software to eliminate recent vulnerabilities.

Carrying out a cybersecurity audit of your networks and remediating any weaknesses discovered in the perimeter or inside the network.

• Enabling ransomware protection for all endpoints. There is a free Kaspersky Anti-Ransomware Tool for Business that shields computers and servers from ransomware and other types of malware. It also prevents exploits, and is compatible with security solutions that are already installed.

Remembering that ransomware is a criminal offence. If you become a victim, never pay the ransom. It won’t guarantee that you will get your data back, but it will encourage criminals to continue their business. Instead, report the incident to your local law enforcement agency. Try to find a decryptor on the Internet – you will find some available at https://www.nomoreransom.org/en/index.html




Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

Rise in malicious insider threat reports
News & Events Information Security
Mimecast Study finds 46% of SA organisations report a rise in malicious insider threat reports over the past year: reveals disconnect between security awareness and technical controls as AI-powered attacks accelerate.

Read more...
New campaign exploiting Google Tasks notifications
News & Events Information Security
New phishing scheme abuses legitimate Google Tasks notifications to trick corporate users into revealing corporate login credentials, which can then be used to gain unauthorised access to company systems, steal data, or launch further attacks.

Read more...
Making a mesh for security
Information Security Security Services & Risk Management
Credential-based attacks have reached epidemic levels. For African CISOs in particular, the message is clear: identity is now the perimeter, and defences must reflect that reality with coherence and context.

Read more...
What’s in store for PAM and IAM?
Access Control & Identity Management Information Security
Leostream predicts changes in Identity and Access Management (IAM) and Privileged Access Management (PAM) in the coming year, driven by evolving cybersecurity realities, hybridisation, AI, and more.

Read more...
The challenges of cybersecurity in access control
Technews Publishing SMART Security Solutions Access Control & Identity Management Information Security
SMART Security Solutions summarises the key points dealing with modern cyber risks facing access control systems, from Mercury Security’s white paper “Meeting the Challenges of Cybersecurity in Access Control: A Future-Ready Approach.”

Read more...
Securing your access hardware and software
SMART Security Solutions Technews Publishing RBH Access Technologies Access Control & Identity Management Information Security
Securing access control technology is critical for physical and digital security. Every interaction between readers, controllers, and host systems creates a potential attack point for those with nefarious intent.

Read more...
From friction to trust
Information Security Security Services & Risk Management Financial (Industry)
Historically, fraud prevention has been viewed as a trade-off between robust security and a seamless customer journey, with security often prevailing. However, this can impair business functionality or complicate the customer journey with multiple logins and authentication steps.

Read more...
Phishing and social engineering are the most significant risks
News & Events Information Security
ESET Research found that phishing accounted for 45,7% of all detected cyberthreats in South Africa, with higher-quality deepfakes, signs of AI-generated phishing websites, and short-lived advertising campaigns designed to evade detection.

Read more...
Zero Trust access control
Technews Publishing SMART Security Solutions CASA Software NEC XON Editor's Choice Access Control & Identity Management Information Security
Zero Trust Architecture enforces the rule of ‘never trust, always verify’. It changes an organisation’s security posture by assuming that threats exist both inside and outside the perimeter, and it applies to information and physical security.

Read more...
OT calculator to align cyber investments with business goals
Industrial (Industry) Information Security Security Services & Risk Management
The OT Calculator has been developed specifically for industrial organisations to assess the potential costs of insufficient operational technology (OT) security. By offering detailed financial forecasts, the calculator empowers senior management to make well-informed decisions.

Read more...










While every effort has been made to ensure the accuracy of the information contained herein, the publisher and its agents cannot be held responsible for any errors contained, or any loss incurred as a result. Articles published do not necessarily reflect the views of the publishers. The editor reserves the right to alter or cut copy. Articles submitted are deemed to have been cleared for publication. Advertisements and company contact details are published as provided by the advertiser. Technews Publishing (Pty) Ltd cannot be held responsible for the accuracy or veracity of supplied material.




© Technews Publishing (Pty) Ltd. | All Rights Reserved.