Recently a story circulated around the web regarding a luxury hotel in Europe that had been held to ransom by cyber criminals. It was reported that they used malware to penetrate the hotel network, encrypt access to the door entry system, and then lock all the doors.
They only demanded €1,500 in bitcoin to release the encryption key and pass control back to the hotel. The news story highlighted the distress of the guests who were trying to exit or enter their rooms. The hotel confirmed that they had been victims of ransomware and but the door entry system, which is located on a closed network within the hotel, was unaffected and still functioning during the ordeal. The story felt like it was straight out of a Hollywood movie, but it highlighted how open we could be to cyber-attacks.
The authorities did confirm that the group hired a masked server and used IP to deliver the malicious code which is now becoming known as ransomware as a service.
Ransomware as a service (RaaS)
The recent growth of ransomware as a service (RaaS) is alarming and its spreading across the globe. The thought that anyone can hire a RaaS server for a few days to commit cyber-crimes has made IT teams more aware of holes in their security. Hackers are developing varied malware codes to penetrate different types of networks…hosted on premise or in the cloud.
RaaS is not only cheap to purchase and download, it’s simple to use and easy to spread. In comparison to numerous types of hacks and attacks, you don’t require in-depth technical skills or costly hardware.
Cybercriminals are turning to ransomware because it delivers a faster result than stealing credit card data or personal information. And because most ransoms are paid in bitcoin, the criminals hide behind the veil of anonymity.
Protecting your data
Protecting your data is more important than ever. Having the right firewall, content filtering security and intrusion detection systems can minimise the risk of attack and shield your network from cyber threats.
Ensuring your staff identify suspicious content they receive via email or on a website is also essential.
swcomms provides the latest security solutions to detect and protect your business from these threats. Contact me to find out more.