Beware: Here's Good and Bad News about Ransomware

Bob Ulrich
Posted on September 21, 2017

Modern Tire Dealer's April 2017 issue featured an in-depth look at ransomware, "a form of malware that targets your critical data and systems for the purpose of extortion,” according to the FBI.

It is frequently delivered through “spearphishing” emails. “After the user has been locked out of the data or system, the cyber actor demands a ransom payment. After receiving payment, the cyber actor will purportedly provide an avenue to the victim to regain access to the system or data.”

Why the Federal Bureau of Investigation would call the ransomware sender a "cyber actor" is beyond me. He or she is a cyber criminal.

But I digress. To read the article, click "Beware of Ransomware."

Here's some good news and bad news about ransomware from The Radicati Group Inc. The good news: "Anti-malware solutions have become increasingly comprehensive and effective against the latest malware threats." The bad news: "In 2017, the average number of successful email borne malware attacks is trending up."

The Radicati Group, which provides quantitative and qualitative research on email, security, instant messaging, social networking, information archiving, regulatory compliance and wireless technologies, among other subjects, says the most common types of malware attacks are blended attacks, "which may combine two or more methods of delivery, such as email and Web access, to spread malware to an organization's internal network. Blended attacks often begin through email, or involve the use of email in some way, for instance an email itself may not contain any malware, but instead it might provide a link to a website that contains malware."

Read the story for what you can -- or should -- do if your data is being held for ransom. And yes, because of the nature of the crime, you may have to call the FBI.

Bob Ulrich Editor
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