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Why Global Ransomware Attacks Keep Happening

Last week, the world was hit with yet another global ransomware attack. Why do global ransomware attacks keep happening?

The truth is, there is no one, single answer to why ransomware is hitting globally. In a nutshell, perpetrators are taking advantage of outdated, unprotected systems.

That means…

  • Unpatched systems, computers, etc.
  • Systems that are not properly backed up, or not backed up at all
  • Unsuspecting users or systems connected on a network

GoldenEye, a new strain of Petya ransomware, is what took the world by storm during Tuesday’s latest global ransomware attack. It was quick to follow the WannaCry (many did Wanna Cry) ransomware that was responsible for the first global ransomware attack, just over a month ago.

Stemming from Ukraine, it spread through the country’s electrical grid, government offices, and even their airport. From there, it moved on to numerous countries, including the U.S.

Much like the WannaCry ransomware attack, it stemmed from the leakage of National Security Agency (NSA) exploits by the hacker group Shadow Brokers. The NSA EternalBlue exploit is what seeped into unpatched Window PC’s and rapidly spread across networks. What’s even scarier is knowing that Petya ransomware variants are sold on the dark web as “ransomware as a service”.

Despite the terror it left in its trail, WannaCry was relatively basic in comparison to GoldenEye. GoldenEye ransomware was brewed from the toxic combination of EternalBlue and Petya malware, which encrypts crucial files, your entire hard drive, and then forces a restart on your computer. Following that, it deletes the computer’s event logs to hide from analysts.

So many people are willing to give up and pay the ransom because they didn’t follow the proper precautions prior to the attack. At this stage in the game, you don’t even need to be the one to download the exploit to get infected - simply being on the same network is enough; this is how it spread across the globe so rapidly.

reevert was specifically designed with ransomware and SMBs in mind. If you’re running a small or medium sized business, you can’t afford a ransomware lockdown. Your business must go on as usual, and the only way to ensure that is to backup your files and have a speedy recovery process in place.

We offer a comprehensive all-in-one backup and storage solution that is ransomware resistant.
With reevert’s lightning quick recovery process, your business can be back up in a matter of seconds - not hours.

Don’t be a victim in the next global ransomware attack. If you have even the slightest concern that your current backup solution would not hold up in the event of a breach, reach out to us and we will get you on the path to protection.

Get your free trial of reevert today and be a part of the war against ransomware.

 

 

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