News
Expert Comment: FBI warns new Ransomware could cost Millions
August 2022 by Dr Darren Williams, CEO and Founder of ransomware specialists Blackfog
In the news, A new strain of ransomware targeting companies prompted a warning from the FBI saying it could cost millions to break free.
Zeppelin is the new high-tech attempt to hold companies’ data hostage. The hackers behind it are demanding as much as a million dollars to get data back….
Dr Darren Williams, CEO and Founder of ransomware specialists Blackfog, offers the following unique insight:
“Zeppelin ransomware, a fairly well-known malware strain has been in known use since 2019, often to target a wide range of businesses and critical infrastructure organisations. Zeppelin actors have been known to request ransom payments in Bitcoin, with initial amounts ranging from several thousand dollars to over a million dollars.
Zeppelin’s unique attack path is such that the FBI have observed the attackers executing the malware multiple times in the network, leaving a great big sting on the victim, who needs multiple unique decryption keys to combat the attack.
Attacks on hybrid working companies are nothing new, however it is crucial that employees remember they play a part in protecting themselves and the employer, too.
Attacks from vectors such as Zeppelin often start with a simple phishing email - employers must ensure they educate and remind their employees on cyber security best practices, to minimise attack risk. Standard, good cyber hygiene practice is essential here: remembering to regularly change passwords and use MFA as a basic practice. That said, if a threat actor wants to find their way in, they will! What matters is the data they were able to obtain and leave with…
Most cybercriminal gangs aim for extortion – organisations should also consider anti-data exfiltration to block the attacker and prevent data from being exfiltrated.”
