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At present marks the one-year anniversary of the Colonial Pipeline ransomware attack, one of many greatest cyber assaults in current historical past, the place a risk actor named DarkSide used a single compromised password to realize entry to the US’s largest pipeline operator’s inside methods.
Through the assault, whereas the hackers started encrypting the group’s knowledge, Colonial Pipeline responded by taking its methods offline to cease the unfold of the risk, however briefly ceased pipeline operations and ended up paying a ransom of $4.4 million.
Whereas the Colonial Pipeline assault could have handed, ransomware stays an existential risk to fashionable enterprises, and with ransomware attacks on the rise, enterprises must be ready.
The excellent news is that there are a rising variety of safety controls that organizations can implement to guard themselves from these pervasive threats.
Deploy zero-trust architectures
Login credentials are one of many key targets of cyber criminals. Consequently, it’s changing into extra essential for safety groups to implement assist for zero-trust authentication, to make it tougher for unauthorized customers to login with compromised credentials.
“The Colonial Pipeline ransomware assault was one more high-profile instance of compromised credentials being leveraged to take advantage of a beforehand believed to be safe infrastructure. Consequently, safety protocols should evolve to maintain tempo with dynamic threats throughout distributed computing environments,” mentioned CTO and Co-Founding father of Identification Entry Administration supplier Plain ID, Gal Helemski.
Helemski counsel that organizations can stop themselves from falling sufferer to related assaults by implementing a zero-trust structure that extends entry controls previous conventional community entry safety all through the complete lifecycle of the digital journey.
Implement sturdy incident detection and response capabilities
One of many greatest elements that determines the general influence of a ransomware breach is the time it takes for the group to reply. The slower the response time, the extra alternative a cyber prison has to find and encrypt vital knowledge property.
“Colonial was an essential inflection level for private and non-private sector infrastructure safety, however organizations want to stay vigilant to remain a step forward of cyber-attackers,” mentioned Director of Cybersecurity Evangelism at ransomer detection and restoration platform Egnyte, Neil Jones.
In apply, which means creating a complete incident response plan, deploying options with ransomware detection and restoration capabilities, and providing workers cybersecurity consciousness coaching on learn how to implement efficient knowledge safety insurance policies like sturdy passwords and multi-factor authentication.
Don’t depend on backup and restoration options to guard knowledge
Many organizations search to defend in opposition to themselves from ransomware threats by counting on knowledge backup and restoration options. Whereas this feels like an efficient protection on paper, ransomware attackers have began to threaten to leak the information they’ve encrypted if the sufferer group doesn’t pay the ransom.
Quite than counting on encryption-at-rest, which attackers can use compromised credentials to sidestep, Arti Raman, CEO and Founding father of encryption-in-use supplier Titaniam recommends that organizations swap to knowledge in-use safety.
“With encryption-in use knowledge safety, ought to adversaries break by means of perimeter safety infrastructure and entry measures, structured in addition to unstructured knowledge can [and] will [be] undecipherable and unusable to dangerous actors – making digital blackmail considerably harder, if not unattainable,” Raman mentioned.
Create a listing of your assault floor
With so many superior risk actors concentrating on fashionable organizations with ransomware threats, technical resolution makers and safety groups have to have an entire stock of what methods are uncovered to exterior risk actors and what knowledge they maintain.
“Because the U.S. authorities strikes to bolster nationwide cybersecurity, organizations should take a proactive strategy to safe their very own property, and right here is the place the benefit lies: responsiveness,” mentioned CEO and co-founder of managed safety companies group,Cyber Security Works, Aaron Sandeen.
“By conducting an entire system stock both independently or outsource to a vulnerability administration firm, organizations develop their cybersecurity visibility of identified and unknown exploits,” Sandeen mentioned.
Whereas the group behind the Colonial Pipeline assault are defunct, Sandeen warns that enterprises will proceed to see a rising variety of exploits, vulnerabilities and APT risk actors keen to take advantage of them, “which can want safety leaders offering predictive and creative help in categorizing and eliminating ransomware threats.”
Deploy id administration options to determine anomalous person exercise
Within the period of distant working and workers utilizing private units to entry enterprise sources, the danger of information theft is larger than ever earlier than. “Many of the breaches we hear about within the information are a results of companies counting on automated entry management and realizing too late when a person has been hijacked.
“As soon as an account is compromised, identity-based fraud could be extraordinarily tough to detect contemplating the superior ways and randomness of various crime teams like LAPUS$ and Conti,” mentioned CISO of belief platform, Forter, Gunnar Peterson.
For that reason, organizations have to have the flexibility to determine anomalous person exercise to allow them to detect account takeover, which Peterson says could be obtained by means of utilizing an AI-driven id administration resolution with anomaly detection.