Ransomware remains one of the biggest ongoing threats to the cyber security of both businesses and private individuals, thanks to the fact that it’s cheap and easy to deploy, and it can have devastating consequences for victims.
As the name implies, ransomware is a type of malware that attempts to extort money from its victims. It does this by encrypting all the personal data and documents that it finds on your PC, then demanding that you send money (typically in the form of untraceable bitcoins) in exchange for the decryption key. If you don't pay up, it may be impossible to recover your files.
What should I do if I'm hit by ransomware?
Your first step should be to go online and see whether a free decryption tool is available. Kaspersky Lab is one security publisher that maintains an archive of unlockers for a wide variety of ransomware strains - you can find it at noransom.kaspersky.com.
Unfortunately, it's not always possible to decrypt locked files. The most virulent ransomware attacks - such as the WannaCry worm that hit the NHS earlier back in 2017 - use a freshly generated AES key for every file they encrypt. In a situation like this, it really pays to have backups: if you can restore recent copies of your files from a cloud server or a network volume, you can simply overwrite the encrypted versions and carry on.
If your encrypted files are in a cloud folder like Dropbox or Google Drive, you may be able to go to the website and restore earlier, non-encrypted versions. Just be sure to disinfect your system first, to make sure that the ransomware doesn't simply step in and re-encrypt the restored copies.
What if you don't have recent backups?
If you can’t restore your files on your own, you may be tempted to simply pay the ransom. That may sound like a sensible idea - and on one level it is. It’s a quick and easy solution: ransomware distributors generally provide working decryption keys quite promptly after receiving your payment. After all, it's in their interest to do so, to encourage other victims to pay up.
As tempting as this may be, simply ponying up to get your files back is never advisable. For starters, this funds the criminals behind the attack and allows them to target more victims (as well as potentially funding more actively harmful activities such as drug dealing or human trafficking), perpetuating the cycle of attacks.
There’s also no guarantee that you’ll get your files back at all. Some ransomware attacks, such as NotPetya, don’t even include a mechanism for decrypting files, and even those that do leave you at the mercy of hackers, who may simply decide not to honour their promise. They may also keep a copy of your data for use in later extortion attempts, as has been seen in the past.
Paying the ransom may sound like the safer and more expedient option, but it’s a false friend; wherever possible, it’s better to simply accept the loss of data, rather than feeding the perpetrators responsible.
How can I prevent a ransomware attack?
The good news is that, if you're reading this, you're probably the sort of person who takes security seriously, and has a reputable, regularly-updated security suite installed on their PC. If that's the case then you're already very well protected against ransomware. While its modus operandi may be distinctive, ransomware is just a type of malware, and any antivirus program worth its salt should be able to identify and block it before it has a chance to meddle with your files.
That said, no form of protection is perfect, and it's possible that a new strain of ransomware might manage to fly under the radar. To protect you against that eventuality, some security suites also include a folder-watching feature, which keeps an eye on the locations typically targeted by ransomware, such as your Documents folder. If any unrecognised process tries to touch these files, you'll be alerted and asked if you want to grant access. Say no and the ransomware is stymied.
Should all else fail, your final line of defence is a good, frequently refreshed set of backups. Just be warned that some ransomware is sneaky, and will target not only the files on your hard disk, but also the contents of external drives and NAS appliances. You might discover too late that your backups have been encrypted along with your day-to-day files. For maximum protection, it's best to use a cloud-based backup system that can't be accessed through Windows Explorer - not by you, and not by any meddling malware.
-
Companies are still paying ransoms to cyber criminals despite official adviceNews A Proofpoint survey found evolving ransomware techniques and the use of AI is exacerbating the situation for victims
-
This one cyber crime group accounted for nearly a fifth of all ransomware attacks in JuneNews The Gentlemen, a ransomware a service operator, now accounts for 17% of published attacks
-
Working with the enemy: Ransomware negotiator-turned cyber criminal jailed after working with hackers to extort clientsNews Angelo Martino was supposed to be negotiating on behalf of victims, but was secretly working for ransomware operators
-
Hackers are posing as Interpol to target small businesses – here's what you need to knowNews Small businesses are warned to think twice before clicking on links
-
‘Every hour ransomware goes undetected drastically increases its potential blast radius’: Hackers are breaching networks and laying low for longer – and nearly half of firms don’t realize until data is stolenNews An ExtraHop survey found more intrusions are going undetected, leading to longer dwell times
-
Ransomware cartels are fragmenting into volatile splinter groups, warns Met Police cyber chiefNews Commoditized "cyber crime bazaars" and AI data mining are forcing law enforcement to rewrite its playbook
-
New ransomware threat group, The Gentlemen, has become one of the most active ransomware operators, accounting for 10% of all attacksNews NTT researchers warn that the RaaS group is leveraging SystemBC malware to establish covert tunnelling, evade detection, and support rapid lateral movement across enterprise environments
-
Instructure chose to a pay ransom following the Canvas cyber attack – research shows more than half of security leaders would follow suitAnalysis Opting to pay ransoms creates huge risks for enterprises – you’re relying on the word of criminals
