Ransomware

What is it and how can we defend against it.

Ransomware is a type of malware that encrypts a victim’s files or locks them out of their system, then demands a ransom payment (usually in cryptocurrency) to restore access.

Here's how it works:

  • Infection: Often begins through phishing emails, malicious downloads, or exploiting vulnerabilities.
  • Encryption: The malware encrypts files or locks the system, making data inaccessible.
  • Ransom Demand: A message appears demanding payment in exchange for a decryption key.
  • Payment & Consequences:
    • Paying doesn’t guarantee data recovery.
    • Encourages further attacks.
    • Some variants also threaten to leak stolen data (known as double extortion).

Common Ransomware Variants

  1. WannaCry – Spread rapidly in 2017 using a Windows vulnerability.
  2. Ryuk – Often used in targeted attacks on large organisations.
  3. LockBit – A ransomware-as-a-service (RaaS) model used by affiliates.

How to Protect Against Ransomware:

  • Back up data regularly (and store backups offline).
  • Keep software and systems updated.
  • Use strong email filtering and educate users about phishing.
  • Implement endpoint protection and network segmentation.
  • Disable macros in Office files from unknown sources.