Understanding Ransomware – A CISC Guide

We want to share this document with the public to help create a greater understanding of these crimes. Our mission is to help educate & prevent cybercrimeCybercrime Cybercrime is a crime related to technology, computers, and the Internet. Typical cybercrime are performed by a computer against a computer, or by a hacker using software to attack computers or networks. for individuals and their employers.

Overview of Ransomware

Ransomware is a form of malwareMalware Short for "malicious software," this term means computer viruses and other types of programs that cybercriminals use to disrupt or access your computer, typically with the aim of gathering sensitive files and accounts. designed to encrypt files on a device, rendering any files and the systems that rely on them unusable. Malicious actors then demand ransomRansom A ransom is an amount of money or other assets of value that is paid for blackmail, extortion, or under other threats or coercion. The ransom is usually paid in cash or now in cryptocurrency. Online blackmail, sextortion, and ransomware all demand ransoms to avoid negative outcomes. in exchange for decryption. In recent years, ransomware incidents have become increasingly prevalent among the Nation’s state, local, tribal, and territorial (SLTT) government entities and critical infrastructure organizations.

Ransomware incidents can severely impact business processes and leave organizations without the data they need to operate and deliver mission-critical services. We have seen this recently with the Colonial Pipeline shutdown in the eastern United States under the Biden Administration.

Malicious actors have adjusted their ransomware tactics over time to include pressuring victims for payment by threatening to release stolen data if they refuse to pay and publicly naming and shaming victims as secondary forms of extortion. The monetary value of ransom demands has also increased, with some demands exceeding US $10 million.

Ransomware incidents have become more destructive and impactful in nature and scope. Malicious actors engage in lateral movement to target critical data and propagate ransomware across entire networks. These actors also increasingly use tactics, such as deleting system backups, that make restoration and recovery more difficult or infeasible for impacted organizations. The economic and reputational impacts of ransomware incidents, throughout the initial disruption and, at times, extended recovery, have also proven challenging for organizations large and small.

NOTE: SCARS is a formal crime victims’ assistance partner of DHSDepartment of Homeland Security The United States Department of Homeland Security (DHS) is the U.S. federal executive department (under the President) responsible for public security, roughly comparable to the interior or home ministries of other countries. Its stated missions involve anti-terrorism, border security, immigration and customs, cybersecurity, and disaster prevention and management. CISACybersecurity and Infrastructure Security Agency The Cybersecurity and Infrastructure Security Agency (CISA) is a standalone United States federal agency, an operational component under Department of Homeland Security (DHS) oversight. Its activities are a continuation of the National Protection and Programs Directorate (NPPD). CISA was established on November 16, 2018 when President Donald Trump signed into law the Cybersecurity and Infrastructure Security Agency Act of 2018..

Resources:

CISA recommends that organizations review the following:

• Ransomware: What It Is and What to Do About It (CISA): General ransomware guidance for organizational leadership and more in-depth information for CISOs and technical staff: https://www.us-cert.cisa.gov/sites/default/files/publications/Ransomware_Executive_One-Pager_and_Technical_Document-FINAL.pdf
• Ransomware (CISA): Introduction to ransomware, notable links to CISA products on protecting networks, specific ransomware threats, and other  resources: https://www.us-cert.cisa.gov/Ransomware
• Security Primer – Ransomware (MS-ISAC): Outlines opportunistic and strategic ransomware campaigns, common infection vectors, and best practice  recommendations: https://www.cisecurity.org/white-papers/security-primer-ransomware/
• Ransomware: Facts, Threats, and Countermeasures (MSISAC): Facts about ransomware, infection vectors, ransomware capabilities, and how to mitigate  the risk of ransomware infection: https://www.cisecurity.org/blog/ransomwarefacts-threats-and-countermeasures/
• Security Primer – Ryuk (MS-ISAC): Overview of Ryuk ransomware, a prevalent ransomware variant in the SLTT government sector, that includes  information regarding preparedness steps organizations can take to guard against infection: https://www.cisecurity.org/white-papers/security-primer-ryuk/