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24By7Security, Inc.

Cybersecurity Biweekly Newsletter - May 17th, 2017

WannaCry! Lessons learnt – Patch, Backup and Protection

With the escalation of geo-political situations across the world and the exponential growth of internet connectivity, malware/ransomware infections will increase in sophistication and speed, therefore we cannot be completely immune to such infections. Ransomware infections like WannaCry will come and go, but our job as Cyber Security professionals at 24By7Security, Inc. is to narrow down how to protect our crown jewels.  We need to focus on basic Cyber Hygiene – Patch, Backup and Protection. Even with Patch, Backup and Protection, we know of a company that got infected.    The worst part was that inspite of doing Patch, Backup and Protection, a new variation of WannaCry deleted this company’s onsite online backup image along with the remote data center backup image.

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WannaCry Ransomware Outburst

On May 12, 2017 multiple companies and organisations around the world were hit by variations of a crypto-ransomware called WannaCry. The ransomware also acts as a worm and once it infects a system, it then self-propagates throughout the rest of the network. The ransomware campaign caused chaos due to its massive distribution, affecting more than 150 countries and infecting over 190,000 systems. Interestingly the attack was mounted on Friday 12th May 2017, just before the weekend, making it very difficult for companies and organisations to quickly react and resolve the crisis. Crypto ransomware is a type of malware that encrypts a user’s data and asks a ransom (in bitcoins) in order to decrypt them.

Who is vulnerable to this kind of attack, what can you do once you are hit, and what are the recommendations for best security hygiene? Find out here.

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European Car Plants Halted by WannaCry Ransomware Attack

At least two automakers have been hit with the WannaCry ransomware attack, forcing both France's Renault and its Japanese alliance partner Nissan to temporarily idle some of their plants in Europe. Renault was the first automaker to report being hit by the WannaCry attack, revealing that several of its facilities in France, Slovenia and Romania had been hit. There had been temporary suspension of industrial activity at some sites. 

Nissan, which is the Japanese half of a Euro-Asian alliance with Renault, was the other automaker to confirm it had to halt production at one of its facilities, a plant in Sunderland, about 275 miles north of London. Nissan officials confirmed the attack had targeted the plant, which employs 7,000 workers.

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Pirated Windows led to WannaCry's spread in China and Russia

WannaCry, the notorious ransomware demanding up to $300 worth of Bitcoins to unlock victims' computers, hit systems all around the globe over the May 13-14 weekend. Russia and China were affected the most, and it could be due to the rampant use of pirated software in those countries. Microsoft issued a patch for the vulnerability the attackers used as an entry point back in March and even fixed it for XP, which it long stopped supporting. However, pirated systems can't install those patches, so computers running illegal software remained vulnerable. That was a big problem for those two countries and for India, as well. 70% of computer users in China are running unlicensed software, Russia isn't far behind at 64%, while India comes in at third with 58%!

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Upcoming Events!

HackMiamiCon5 Security Conference - May 19 - 21, 2017

Michael Brown of 24By7Security, Inc. speaking at HackMiami Security Conference, at Deauville Miami Beach Resort, Miami Beach, Florida.

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ITGIG Conference - May 19, 2017

ITGIG Conference - the premier ISACA SF and IIA WPB Chapter conference for SF IT executives in the public sector will provide opportunities for IT leaders to share their experiences. 24By7Security is pleased to support this event.

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ISSA 2017 International Conference - Oct 9 - 11, 2017

Michael Brown of 24By7Security, Inc. will be speaking on Cyber Resilience at the ISSA 2017 International Conference being hosted at the Sheraton Hotel and Marina in San Diego, California.

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Data Connectors Fort Lauderdale Tech-Security Conference - Dec 14, 2017

24By7Security is pleased to sponsor the Data Connectors Fort Lauderdale Tech-Security Conference at Fort Lauderdale, Florida.

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About us

24By7Security, Inc. is a full service Cybersecurity strategy, implementation, operations and training firm.  We provide Cybersecurity and compliance related services across all functions of the enterprise. Our services include CFPB/DFA, FIPA, FERPA, GLBA, HIPAA, PCI, SOX, and others.

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24By7Security, Inc.

4613 N. University Drive, Suite #267

Coral Springs, Fl - 33067

(844) 55-CYBER

www.24By7Security.com