Digital criminals tried to impersonate oil and gas companies in a recent attack campaign distributing Shade ransomware.
A Busy 2019 for Shade
These attacks come at a time when targeted ransomware remains one of the most prominent threats targeting organizations. Europol said as much in 2018 after it observed threat actors turning to targeted ransomware, not banking Trojans, as their preferred payload in financially motivated cyberattacks. This preference contributed to Cybersecurity Ventures‘ estimate that ransomware damages would surpass $8 billion by the end of 2018.
How to Protect Against Shade Ransomware
Security professionals can help defend their organizations against Shade ransomware and similar malware by making sure their endpoint software is up-to-date and all applications are updated to their most secure versions. Organizations should also make sure to isolate their data backup systems so that attackers can’t encrypt these copies in the event of a successful ransomware infection.