Dark Reading Radio: Pay Up Or Never See Your Data AgainLearn how ransomware is raising the stakes, and what law enforcement and the security community are doing about it.
You've heard the horror stories or may have an end-user in your organization whose computer has been held for ransom by cyber criminals who have locked him out of his machine with a nasty form of malware known as ransomware. True to its name, ransomware means you have to pay a fee to get your computer unlocked and freed from these online kidnappers.
But even if you do comply with the ransomware demands and pay up, your data still may be lost to you forever, because these bad guys rarely keep their word.
One of the most deadly and sophisticated forms of ransomware is CryptoLocker, which encrypts the victim's files on local drives and network shares. CryptoLocker uses a strong encryption algorithm to ensure the data is kept out of the victim's reach.
CryptoLocker has been on the radar screen of law enforcement and the security research community for some time now. The FBI yesterday shared the big news that a major global effort by international law enforcement agencies and security companies had disrupted the massive and stealthy botnet that the CryptoLocker gang uses in its operations, GameoverZeus, and that law enforcement had seized key command and control servers used for CryptoLocker. Officials also announced the indictment of the botnet's administrator, a Russian national, for charges of conspiracy, hacking, wire fraud, bank fraud, and money laundering associated with the botnet, as well as other charges for his role in CryptoLocker.
In this next episode of Dark Reading Radio, I'll be hosting Lance James, renowned security expert and head of cyber intelligence at Deloitte & Touche, who assisted the FBI with this case. He will provide a peek at his upcoming presentation for Black Hat USA on new research and developments in near-time tracking of the ransomware operation's infrastructure.
James will discuss the impact on ransomware with this latest law enforcement win as well as provide tips for what can be done in the future to defend against ransomware infections.
So register now and join us tomorrow at 1:00 p.m. EDT. Have questions for our guest? Share them in the comments section below, or bring them along to the show tomorrow. We will be taking question from the live audience, and James will join us in a live text chat following the broadcast.
Kelly Jackson Higgins is Executive Editor at DarkReading.com. She is an award-winning veteran technology and business journalist with more than two decades of experience in reporting and editing for various publications, including Network Computing, Secure Enterprise ... View Full Bio