1/28/2024 0 Comments Jack group ransomwhere"All of that helps you break it down and develop plans that are much less all over." You can thank Maze Here's the threat, here's the risk, here are the outcomes for our behaviors,'" Tills said. They can say "'here's what we do for ransomware and here are the outcomes here's what we should expect' and then, 'Here's extortion-only. Pay the extortion fee and hope the criminals delete the data … pay the extortion fee and the data is leaked anyway, plus the reputational damage and legal liability that ensues from either."Īdding nuance to the conversation can be important for security teams as they plan their defense. You can't put the toothpaste back in the tube, so there is more risk to calculate. "With the former, plan to restore destroyed data or pay the ransom to get it back," Morris said. It is a customer support issue and then it's going to be investor relations, it's going to be public relations."Īlso, while security teams will take steps to protect against ransomware and extortion, remediation is different, Timothy Morris, chief security advisor at Tanium, told The Register. "They say, 'If we reach out to their customers from this data we have, we know their customers are going to call customer support,'" she said. The extortionists can also contact and pressure victims' customers and partners into urging the victims to play ball and pay the hush money. With extortion, there also is the threat of customers, partners, analysts, and the media learning about the attack when the data is dumped online. With ransomware, the fear is loss of data and the impact on operations. There also are the different psychological pressures on organizations, Tills said. "Knowing the differences can help defenders better prepare and respond to risks posed by these threat actors," Righi said. "Extortion groups also pose a large threat, but these attacks are not likely to cause disruptions." "Ransomware groups can cause disruptions in victims' networks, which can result in significant damages or financial losses," he said, noting the particular risk to organizations in critical sectors, as seen in the Colonial Pipeline attack last year. Moody's turns up the heat on 'riskiest' sectors for cyberattacksĬybersecurity outfit Digital Shadows already makes this distinction in its quarterly ransomware reports, by excluding the numbers from extortion-only groups, one of its intelligence analysts Ivan Righi told The Register.Between ransomware and month-long engagements, IR teams need a hug – and a nap.Noberus ransomware gets info-stealing upgrades, targets Veeam backup software. ![]() National Cybersecurity Awareness program 18 years on: Don't click that."The tactics are different, the psychology is different, and the disruption to companies is different because if they're encrypting your systems, it's a whole different mentality on the response side versus if they're threatening to sell your sensitive data." "The fact that LockBit has mandated extortion-only attacks for particular targets proves that there's value in parsing the difference between encryption malware and 'we're just stealing data and then threatening to sell it.' Treating ransomware and data theft separately, rather than lumping it all together, will give people a better idea of what types of attack are most prevalent right now, how they happen and how to stop them, what your priorities should be with your IT defenses and data restoration, and so on. It's worth making a distinction between classic ransomware infections and data heists by extortionists, Claire Tills, a senior research engineer at Tenable, believes. Karakurt is another new extortion-only crew that has demanded payments as large as $13 million and could be involved with the Conti ransomware-as-a-service (RaaS) gang. The Lapsus$ team burst onto the scene earlier this year as an extortion-only gang, hitting up the government of Brazil before targeting such high-profile companies as Nvidia, Okta, and Samsung. ![]() Data theft and extortion is cleaner and easier. What's more, these criminals are going down the extortion-only route, and not even bothering to scramble your files with encryption.Īs we've pointed out before, by ditching all that fiddly cryptography and just exfiltrating information, miscreants don't have to bother writing complex malware backed by a backend infrastructure, storing and selling decryption keys, and all the other steps that come with classic ransomware. Comment It's getting difficult these days to find a ransomware group that doesn't steal data and promise not to sell it if a ransom is paid off.
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