Business models always have to tackle the method of distribution, will they sell directly or through a channel of distributors or a mix of both. The same is with ransomware developers. Many are electing to take their successful code and sell it as a kit, which eliminates many risks and the hard work of distribution all the while collecting a cut of the prize.
Some consider WannaCry to be the first-ever, self-propagating ransomware attack to wreak havoc across the globe. The chaos that followed is yet another harsh wake-up for many, in a situation far too familiar. Only this time, the victims are new, the infection spreads more rapidly, the effects are far-reaching and the headlines are bigger.
Night vision goggles. Airport x-ray machines. Secret decoder rings. What do they all have in common? Each helps you find something that is hidden, whether it’s an object or code that someone may not want you to discover. Your organization’s security solution needs to perform in a similar manner by inspecting encrypted traffic.
According to ITC (http://www.idtheftcenter.org) data breaches in the US increased 40% in 2016, and through the first four months of 2017 are up an additional 42% over the same period last year. Just over half of all breaches are caused by cyber attacks, defined by ITC as hacking, credit card skimming and phishing.
In 2016, SonicWall detected a 600% growth in ransomware families. We saw a wide range of ransomware forms and attack vectors in the 2017 Annual Threat Report; some successful, others not so much. So, what is at the core of any successful attack? If you understand the seven components of a ransomware campaign strategy, you can better defend yourself from one of the most pernicious forms of malware in history.
PRESS RELEASE – April 5, 2017
Santa Clara, Calif. – SonicWall, the trusted security partner protecting more than one million networks worldwide, announced today that Ravi Chopra has joined the company as the company’s new Chief Financial Officer (CFO). As the latest addition to the company’s leadership team, Chopra will be instrumental in leading the company’s finance operations and meeting its financial objectives.
There is no end to the danger of cyber-criminal activities, as long as there is an underground marketplace that makes it almost impossible for authorities to intervene and enforce law and order. We continue to see our adversaries relentlessly going after money by developing and experimenting with different methods and tools against new and existing vulnerabilities, in preparation for the next phase of their business model.
If you pictured a specific technology exemplified as an animal what would it be? Cars have been visualized as horses and bulls and the names like Mustang, Pinto, and Taurus all ring a bell with us. We see this in cyber security as well. We have worms, bugs, and Trojan [horses] (I know that’s a stretch).
Join SonicWall at CeBIT 2017 on the 20-24th of March, in Hannover, Germany.
With “Experience the Digital Transformation” as this year’s theme, IT Security will be at the forefront of the visitors’ agenda, alongside other leading-edge technologies, such as artificial intelligence, humanoid robots and applications of virtual reality. But security can’t be an afterthought!
I am honored to highlight my esteemed colleague, Steve Pataky, Vice President of Worldwide Sales at SonicWall, who was just named CRN Channel Chief – the Top 50 Most Influential Channel Chiefs of 2017. Steve not only brings with him more than 25 years of experience and an industry reputation for architecting and executing global channel and go-to-market strategies, but also a deep and genuine passion for helping partners succeed.