Entries Tagged "ransomware"

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Negotiating with Ransomware Gangs

Really interesting conversation with someone who negotiates with ransomware gangs:

For now, it seems that paying ransomware, while obviously risky and empowering/encouraging ransomware attackers, can perhaps be comported so as not to break any laws (like anti-terrorist laws, FCPA, conspiracy and others) ­ and even if payment is arguably unlawful, seems unlikely to be prosecuted. Thus, the decision whether to pay or ignore a ransomware demand, seems less of a legal, and more of a practical, determination ­ almost like a cost-benefit analysis.

The arguments for rendering a ransomware payment include:

  • Payment is the least costly option;
  • Payment is in the best interest of stakeholders (e.g. a hospital patient in desperate need of an immediate operation whose records are locked up);
  • Payment can avoid being fined for losing important data;
  • Payment means not losing highly confidential information; and
  • Payment may mean not going public with the data breach.

The arguments against rendering a ransomware payment include:

  • Payment does not guarantee that the right encryption keys with the proper decryption algorithms will be provided;
  • Payment further funds additional criminal pursuits of the attacker, enabling a cycle of ransomware crime;
  • Payment can do damage to a corporate brand;
  • Payment may not stop the ransomware attacker from returning;
  • If victims stopped making ransomware payments, the ransomware revenue stream would stop and ransomware attackers would have to move on to perpetrating another scheme; and
  • Using Bitcoin to pay a ransomware attacker can put organizations at risk. Most victims must buy Bitcoin on entirely unregulated and free-wheeling exchanges that can also be hacked, leaving buyers’ bank account information stored on these exchanges vulnerable.

When confronted with a ransomware attack, the options all seem bleak. Pay the hackers ­ and the victim may not only prompt future attacks, but there is also no guarantee that the hackers will restore a victim’s dataset. Ignore the hackers ­ and the victim may incur significant financial damage or even find themselves out of business. The only guarantees during a ransomware attack are the fear, uncertainty and dread inevitably experienced by the victim.

Posted on September 30, 2020 at 6:19 AMView Comments

ThiefQuest Ransomware for the Mac

There’s a new ransomware for the Mac called ThiefQuest or EvilQuest. It’s hard to get infected:

For your Mac to become infected, you would need to torrent a compromised installer and then dismiss a series of warnings from Apple in order to run it. It’s a good reminder to get your software from trustworthy sources, like developers whose code is “signed” by Apple to prove its legitimacy, or from Apple’s App Store itself. But if you’re someone who already torrents programs and is used to ignoring Apple’s flags, ThiefQuest illustrates the risks of that approach.

But it’s nasty:

In addition to ransomware, ThiefQuest has a whole other set of spyware capabilities that allow it to exfiltrate files from an infected computer, search the system for passwords and cryptocurrency wallet data, and run a robust keylogger to grab passwords, credit card numbers, or other financial information as a user types it in. The spyware component also lurks persistently as a backdoor on infected devices, meaning it sticks around even after a computer reboots, and could be used as a launchpad for additional, or “second stage,” attacks. Given that ransomware is so rare on Macs to begin with, this one-two punch is especially noteworthy.

Posted on July 6, 2020 at 6:43 AMView Comments

Ransomware Now Leaking Stolen Documents

Originally, ransomware didn’t involve any data theft. Malware would encrypt the data on your computer, and demand a ransom for the encryption key. Now ransomware is increasingly involving both encryption and exfiltration. Brian Krebs wrote about this in December. It’s a further incentive for the victims to pay.

Recently, the aerospace company Visser Precision was hit by the DoppelPaymer ransomware. The company refused to pay, so the criminals leaked documents and data belonging to Visser Precision, Lockheed Martin, Boeing, SpaceX, the US Navy, and others.

Posted on April 14, 2020 at 7:48 AMView Comments

New Ransomware Targets Industrial Control Systems

EKANS is a new ransomware that targets industrial control systems:

But EKANS also uses another trick to ratchet up the pain: It’s designed to terminate 64 different software processes on victim computers, including many that are specific to industrial control systems. That allows it to then encrypt the data that those control system programs interact with. While crude compared to other malware purpose-built for industrial sabotage, that targeting can nonetheless break the software used to monitor infrastructure, like an oil firm’s pipelines or a factory’s robots. That could have potentially dangerous consequences, like preventing staff from remotely monitoring or controlling the equipment’s operation.

EKANS is actually the second ransomware to hit industrial control systems. According to Dragos, another ransomware strain known as Megacortex that first appeared last spring included all of the same industrial control system process-killing features, and may in fact be a predecessor to EKANS developed by the same hackers. But because Megacortex also terminated hundreds of other processes, its industrial-control-system targeted features went largely overlooked.

Speculation is that this is criminal in origin, and not the work of a government.

It’s also the first malware that is named after a Pokémon character.

Posted on February 7, 2020 at 9:42 AMView Comments

Identifying and Arresting Ransomware Criminals

The Wall Street Journal has a story about how two people were identified as the perpetrators of a ransomware scheme. They were found because — as generally happens — they made mistakes covering their tracks. They were investigated because they had the bad luck of locking up Washington, DC’s video surveillance cameras a week before the 2017 inauguration.

EDITED TO ADD (11/13): Link without a paywall.

Posted on November 12, 2019 at 6:15 AMView Comments

Cybersecurity Insurance Not Paying for NotPetya Losses

This will complicate things:

To complicate matters, having cyber insurance might not cover everyone’s losses. Zurich American Insurance Company refused to pay out a $100 million claim from Mondelez, saying that since the U.S. and other governments labeled the NotPetya attack as an action by the Russian military their claim was excluded under the “hostile or warlike action in time of peace or war” exemption.

I get that $100 million is real money, but the insurance industry needs to figure out how to properly insure commercial networks against this sort of thing.

Posted on March 8, 2019 at 5:57 AMView Comments

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Sidebar photo of Bruce Schneier by Joe MacInnis.