Ransomeware is quite possibly the most damaging online threat. Although there are numerous defences against it, DREW VAN VUUREN, data protection officer at ESET South Africa, believes the best is user education.
Ransomware is a very real threat to businesses and individuals alike, and when it comes to online security, it is arguably the most damaging threat. Yet, many people still don’t know what ransomware is, even though this type of cyber threat has been aggressively spreading over the internet, with results that can impact both a company’s finance and reputation.
And the threat is only going to get more hostile.
The simple fact is that there is limited protection against ransomware, with no antivirus or end-point security solution technology able to protect you. Protection comes down to user-education and good business practice, and for any business, it is a must have that disaster recovery is in place if they hope to come out of a ransomware breach relatively unscathed.
Ransomware is a malware that infects a computer and encrypts all its files. Cybercriminals then offer an ultimatum to their victim: pay the demanded ransom or lose your data forever. If you are susceptible and become a target you have no choice, either you pay or rebuild your system – there is no third option. However, if you take option number one and you pay the ransom, the chances are you will again be targeted and you end up perpetuating the cycle of infection and victimization.
There are two different types of ransomware – opportunistic and targeted. The principle is that targeted ransomware will look for individuals who have access to critical and valuable information, for example, a CEO or CFO of an organization.
If you are a business that has mitigating controls in place, and you are targeted by a successful attack, then it will be a matter of invoking the disaster recovery process. This will be based on the the businesses information classification criteria and management principles.
Every organisation will have information that is deemed to be valuable – and without access to this information, a business could suffer inadvertent loss and eventually begin losing money. Therefore, the disaster recovery controls around the businesses critical information will need to allow for that data to be readily available within a certain timeframe, for business to continue.
So, what is best practice for Ransomware attacks?
- Back Up is key
The best defense against ransomware is to reduce your vulnerability in the first place. This means backing up the company’s critical and valuable information on a regular basis. Hence, if your businesses become a target of a ransomware attack, having to pay the ransom may not bear consideration as the business will have access to its valuable information that has been backed up. It is important that the companies maintain offline back-ups so that the back-ups are not readily accessible to an attacker.
- Trusted sources
Businesses should exercise good email and website safety practices – ensuring that individuals download attachments, click URLs or execute programs only from trusted sources.
- Trust warnings
When you get a security message from a web browser, take heed of it.
- Administrator Rights
Manage administrator rights accordingly. Many businesses still use the default administrator account on their network. Instead you should delete or rename the administrator account or create an account with administrator privileges.
- Educate! Educate! Educate
It should be an executive management imperative for businesses to educate their employees about the challenges around ransomware making staff aware of any security issue that arises, or is currently topical – this could be ransomware, PoPI, encryption – your people need to be aware of it.
In summary, organisations should prepare themselves for the likelihood that they may be targeted by a ransomware attacker by implementing the mitigating controls of back-up and more especially user awareness. If they maintain the vigilance outlined above they will be able to reduce the impact of the ransomware as recently evidenced by the WannaCry attack that was so effective.
Welcome to world of 2099
The world of 2099 will be unrecognisable from the world of today, but it can be predicted, says one visionary. ARTHUR GOLDSTUCK met him in Singapore.
Futuristic structures tower over the landscape. Giant, alien-looking trees light up with dazzling colours amid the hundreds of plant species that grow up their trunks. Cosmetic stores sell their wares via public touch-screens, with products delivered instantly in drawers below the screens.
This is not a vision of the future. It is a sample of Singapore today. But it is also an inkling of the world we may all experience in the future.
Singapore was the venue, last week, of the World Cities Summit, where engineers, politicians, investors and visionaries rubbed shoulders as they talked about the strategies and policies that would enhance urban living in the future.
As part of the Summit, global payment technologies leader Mastercard hosted a small media briefing by one of Singapore’s leading thinkers about the future, Dr Damian Tan, managing director of Vickers Venture Partners. The company’s slogan “We invest in the extraordinary,” offers a small clue to Tan’s perspective.
“We look as far forward as 2099 because, as a venture capital firm, we invest in the long term,” he tells a group of journalists from Africa and the Middle East. “Companies explode in growth because there is value in the future. If there is no growth, they won’t explode.”
The big question that the Smart Cities Summit and Mastercard are trying to help answer is, what will cities look like in the year 2099? Tan can’t give an exact answer, but he offers a framework that helps one approach the question.
“If you want to look at 81 years into the future, and understand the change that will come, you need to double that amount and look into the past. That takes us to 1856. The difference between then and now is the difference you can expect between now and 2099.”
Click here or on the page link below to read on: Page 2: Soldiers and Health in 2099.
- Arthur Goldstuck is founder of World Wide Worx and editor-in-chief of Gadget.co.za. Follow him on Twitter on @art2gee and on YouTube
Street art goes electric
Kaspersky Lab and British street artist D*Face have unveiled the first-ever “art helmet” design at the Formula E finale for electric cars in New York.
The ‘Save The World’ helmets will be raced by DS Virgin Racing’s drivers, Sam Bird and Alex Lynn, as they traverse the New York street circuit during the final races of the Formula E season.
The announcement signals the first art helmet by a Formula E team, continuing the heritage of art in motorsport and the cybersecurity brand’s commitment to contemporary art, creativity and innovation. D*Face took inspiration from Kaspersky Lab’s tagline, “A Company To Save The World”, and hopes that his colourful work will inspire people to take positive action.
D*Face will announce his first-ever art car design with a custom-made livery for the DS Virgin Racing Team. Its design will be released at the “Art Goes Green” event after Saturday’s race. The helmets and art car are the latest installations in the “Save the World” collection, following a major permanent public mural that was installed in Brooklyn, New York, in May.
D*Face, whose real name is Dean Stockton, said: “It is exciting to work with Kaspersky Lab on this project and create art with a real message of hope for a better future. After all, this is our world and we need to look after it. It will take every one of us to make a real lasting, impactful change. I love the mentality of the DS Virgin Racing Team and that of Formula E by showcasing sport in a way that doesn’t harm the environment, but is still just as exhilarating and fun.
“It is time for us all to stand together and make a change… be that stopping data steals, climate change, plastic waste or using damaging fuels. I want everyone to make a pledge to do one thing that will help make a change.”
As a sponsor of DS Virgin Racing Team, Kaspersky Lab is responsible for protecting the team’s devices against cyber threats. The company sees the technical environment in the global sport of Formula E as the next frontier in furthering its research and development of new technologies to keep vehicles secure in the digital world.
Sylvain Filippi, Managing Director at DS Virgin Racing, said: “The whole team fully supports this great initiative and our thanks got to Kaspersky and D*Face for their collaboration. It’s an honour to have such an innovative artist bring his talents to bear in our team ahead of the season-finale; the car, drivers’ crash helmets and mural all look amazing.”
Aldo Fucelli Pessot del Bo, Head of Global Partnerships and Sponsorships at Kaspersky Lab added: “There is a need for innovation on a global scale, both in contemporary art and in the fast-growing sport of Formula E. Now, for the first time ever, Kaspersky Lab is proudly bringing together the two sectors in an effort to Save the World and unleash creativity, encourage freedom of expression and further innovation.”