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List of 7 Common Ransomware Attack Methods

In the era of digital advancement, ransomware attacks are increasing at an alarming rate. Here are the top 7 methods these attacks usually employ and guidance on how to fortify your defenses against them.

List of 7 Key Strategies for Ransomware Intrusions
List of 7 Key Strategies for Ransomware Intrusions

List of 7 Common Ransomware Attack Methods

In the modern world of digital transformation, a new threat has emerged – ransomware attacks. These malicious acts have become a significant concern for individuals and organizations alike, as they exploit vulnerabilities in computer systems to demand ransoms.

Ransomware often infiltrates systems through social engineering techniques such as phishing and smishing. These methods involve hackers masquerading as trusted individuals to gain access to corporate systems. Phishing messages, particularly those with malicious macros in Office documents, are a common infection vector for ransomware.

Once inside, the malware can take the form of a Trojan horse, executing malicious code when opened or downloaded. If the intent is to gain a ransom, the malware will encrypt data on a victim's computer and block access until a ransom is paid.

The rise in ransomware attacks can be attributed to the shift towards remote work and digital transformation. This shift has expanded the attack surface, providing more opportunities for hackers to exploit unpatched vulnerabilities in an organization's network.

To combat these threats, several measures can be taken. Implementing email security protocols such as DKIM, SPF, and DMARC can reduce spoofing and authenticate the origin of email messages. Using anti-virus software that scans instant messages for suspicious links and attachments can protect against instant messenger ransomware attacks.

Moreover, a strong patching cadence is a powerful tool against ransomware attacks. Organizations that delay applying patches are correlated with increased ransomware risk. Continuously monitoring and scanning the digital environment for the presence of malware and ransomware can help uncover cybersecurity gaps and potential ransomware threats.

Ransomware attacks can lead to system outages, data breaches, and significant financial losses. In 2021, Buffalo Public Schools in the USA were hit by an unknown ransomware attack, with a reported ransom of $11 million paid out. Notable brands such as Kia Motors, Acer, Accenture, ExaGrid, and the Washington D.C. Metropolitan Police Department have also fallen victim to ransomware attacks.

To mitigate these risks, regular cyber awareness training, tabletop exercises, and security drills can help reinforce lessons learned about ransomware attacks. Mobile devices, due to increased use for business, are becoming a growing target for mobile ransomware. Remote access solutions, such as VPNs and RDP, are common targets for ransomware operators.

The Bitsight platform provides immediate insights into compromised systems infected with malware and uncovers cybersecurity gaps that correlate with a higher potential for ransomware attacks. By staying vigilant and implementing robust security measures, we can protect ourselves from the growing threat of ransomware attacks.

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