Are you sure your organization is safe from ransomware?
With ransomware attacks becoming more sophisticated every year, BlackByte is now on the frontlines, challenging the security of 83% of organizations globally. This article dives deep into how this dangerous ransomware is targeting businesses and what you can do to stay protected.
First identified in 2021, BlackByte is a ransomware-as-a-service (RaaS) operation that has evolved from using basic attack techniques to more advanced methods. Initially written in C#, the ransomware has now been rewritten in Go, allowing it to execute attacks faster and more efficiently. It primarily focuses on data encryption but also employs data exfiltration tools, such as ExByte, to steal sensitive files before deploying the final encryption payload. This means that even if the ransom isn't paid, critical data may already be leaked or sold on the dark web.
What makes BlackByte particularly dangerous is its double-extortion technique. Not only do they encrypt your files, but they also threaten to release your data publicly unless the ransom is paid.
One of the reasons 83% of organizations are struggling with BlackByte is because of its stealthy operations. According to Cisco, BlackByte has become known for only disclosing around 20% to 30% of its attacks, making it difficult for security professionals to keep up with its full impact. Many attacks are never reported publicly, leaving organizations in the dark about the scope and scale of the threat.
Moreover, BlackByte employs techniques to disable security defences. For instance, it's known to inject itself into legitimate processes like svchost.exe and disable antivirus programs, allowing the ransomware to execute its payload without being flagged by standard security solutions.
Patch and Update Systems Regularly: Ensure that all systems, particularly critical services like VMware and Microsoft Exchange Servers, are regularly updated and patched against known vulnerabilities. BlackByte thrives on exploiting unpatched systems, so staying updated is your first line of defence.
As ransomware groups like BlackByte continue to evolve, no organization is completely safe. The key to surviving these attacks lies in proactivity. If you wait until after an attack to act, it's already too late. The costs associated with ransomware—both financial and reputational—are too high to ignore. Act now to secure your network, or you might find yourself among the many victims left scrambling after the next BlackByte breach. Are you willing to take that risk?
UFTP is an encrypted multicast file transfer program for secure, reliable & efficient transfer of files. It also helps in data distribution over a satellite link.
Read DetailsThe recent pandemic was unexpected and unknown to most part of the world. It has changed our life and we are slowly adapting to our new lifestyle. The risks associated with the new lifestyle, both personal & corporate, are unknown to most of us.
Read Details