Interviews

Ransomware gold rush

by Mark Rowe

There’s a gold rush of ransomware happening according to a cyber security firm; but it has some good news to report. Since the beginning of 2016, dozens of new ransomware families have been released into the wild. The market leader is Locky, with 755 tracked instances infecting removable drives and RAM disks. This is according to the semi-annual Bromium Labs Threat Report, an analysis by its researchers on cyber attacks and threats affecting enterprise security over the last six months.

While the number of vulnerabilities is steadily increasing, not all exploitable vulnerabilities are actually exploited. The bad news; criminals are working harder to get protected data.

Rahul Kashyap, EVP and chief security architect at Bromium, said: “As an industry, we’ve always said there’s no one silver bullet to address the complexities of attacks that are affecting our business. However, our latest research shows that enterprises and vendors alike are stepping up to do a better at securing their networks and data. But there’s still work to be done. Old attack tactics like phishing and watering holes persist, and new attack techniques are always emerging. Automated attacks are consistently bypassing anti-virus (AV) solutions; and malware is morphing every new instance in a network to bypass and therefore render AV useless.

“Over the course of the next year, I expect attackers will continue to leverage social engineering tactics to exploit users. What’s abundantly clear from our report is that the need to implement instant protection, detection and remediation is more critical than ever,”

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