A new wave of ransomware attacks had landed upon businesses, but there was something strange about these specific cases--the fact that no actual ransomware was involved.
In a report published by Paul Ducklin of Sophos Labs, the criminals’ “cyberattacks” were identified as mere email phishing scams that told its receivers of an imminent ransomware infection if .1 Bitcoin (approximately $650) wasn’t paid immediately. The email scam claimed that malware had already infected a user’s computer, waiting silently in the background before its activation. The email’s receiver was told that once the payment deadline passed, the ransomware would activate, leading to the encryption of all files. In the hopes of instilling more fear to get a user to pay, the email further explained that the infection would spread to other computers connected within the same network, going so far as to affect even iOS and Android devices or files kept in cloud storage.
While the email may sound like forthcoming disaster, it is absolutely no cause for concern.
As we have seen in past examples of cyberattacks, WannaCry ransomware is nothing short from destructive in its capability of harming businesses through file encryption and data loss, which is why this email scam’s sender chose to name themselves the “WannaCry Hack Team” with the threatening first line, “WannaCry is back!”
With that opening message in use, the scammers hoped to motivate their victims to pay without second thought, as many could recall the chaos that came with WannaCry’s other cyberattacks. Many government computer systems and businesses were forced offline, the ransomware strain making sensational headlines as all businesses were warned to take precautionary measures to avoid damage from any further attacks.
The thought of losing all precious files could very well cause users to panic and thereby pay before encryption actually occurs.
So what should businesses do when receiving such emails? Quite simply hit the delete button.
As a next step towards safeguarding your data, take the time to update your operating system and web browser and make sure you have a reliable backup solution in place for your business, just in case you face a real ransomware attack.
A free 30-day trial with reevert’s backup system implementation is a great place to start. Reevert is an intelligent hybrid backup and storage solution, designed from the ground up specifically to protect businesses against ransomware and data loss. With reliable storage capabilities of hourly data snapshots, physical and virtual server backups within the cloud, and instantaneous data restoration (within seconds), your business can rest assured knowing all files are properly protected.
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