Malware Versus Ransomware: What’s the Difference?

Malware is a more powerful force that can damage industries and disrupt entire online environments through hacking and sensitive information leaking. Ransomware is a more targeted approach that aims to take control of people’s computers and lock software and files.
 
To get files back and regain access to a computer, the ransom attacker will ask for a payment. Supposedly, once they receive the payment, they will send a unique key to release it. 
 
Should You Pay The Ransom?
 
There is no one way to answer this question.  The decision to pay ransomware demand should not be taken lightly. It comes with acceptance of several risks and in coordination with legal counsel, cyber insurance and security experts. Should you decide to pay the ransom, you need to be aware of the following key factors:
 
• You could be targeted again in the future
• There is no guarantee that you will get your data decrypted
• Your systems may still be infected
• You may be paying cyber criminals who are carrying out illegal activities just like your incident
 
Irrespective of the ransomware payment decision, it may take a while to return to normal operations. Cyphere , a UK based cyber security and managed services provider, provides the following top tips against malware and ransomware attacks:
 
Tip 1: Prevent Malware Delivery
Email and web filtering to allow required file types and data expected by recipients. By blocking suspicious websites and continuous inspection of internet content, malware transmission can be stopped before it reaches your internal systems. 
Secure remote access is an important to add layered protection for networks. 
 
Tip 2: Prevent Malware Infection 
In line with defence in depth approach, follow secure hardening practices for operating system builds in your environment. 
Patch Management is an important mitigation that ensures all exploitable bugs in your products are patched as soon as possible. Scripting environments should have restrictions to avoid the execution and spread of malware. This includes disabling Office Macros or limiting scripting environments using AppLocker enforced via group policy. 
 
Tip 3: Limit the Impact
Use the principle of least privilege to provide remote access with only low privilege accounts to login. Regularly review permissions for all the staff including internal and external employees. Create separate accounts for corporate and production environments.Segregate obsolete systems from the rest of the network to maintain a small attack surface. 
 
Tip 4: Education
User education and awareness training plays key role in stopping malware. Cyber security importance in the user training should address at the least these facts:
 
• Defending against phishing
• Strong authentication practices 
• Securing your devices
• Reporting incidents 
 
There should be zero exceptions for this awareness training exercise. Topics such as remote working securely, insider threats, cyber security tips for businesses in easy to understand language should be included. Consider your supply chain to ensure better cyber security posture.
 
Tip 5: Backups
Make regular backups of most important data to the organisation. Find out which data is critical to the organisation, and test backup data restore regularly to ensure it is working as expected. At the least, create one offline backup that is stored at a different location (offsite) from your network and systems. 
 
 
Be Prepared
The saying ‘we are too small’ - this isn’t applicable as malware and ransomware attacks target businesses irrespective of their size. Identify the critical assets and determine the impact in case your business is under attack. Identify the attack vectors possible in your business context, and mimic the exercise using third party penetration testing companies. 
 
What To Do When Your Company Is Hacked?
 
Malware Attack: Follow these steps immediately to limit the impact of a malware attack:
 
1. Disconnect the infected systems, devices immediately from all network connections (wired, wireless or mobile).
2. Reset credentials, especially privileged accounts.
3. Securely wipe the infected devices and reinstall the operating system from gold build. In case of an incident you need investigating into, get professional help from third party security providers. 
4. Double check that the underlying system is clean before restoring backup. 
5. Now connect these devices to network to download, install and update the software installed.
6. Install antivirus and run a full scan. Schedule periodic scans and on-access scanning capabilities. 
7. Monitor network traffic across the company to identify any similar behaviors. 
 
Ransomware Attack: A good initiative No More Ransom, supported by Europol European Cybercrime Centre and private companies, provides prevention advice and decryption tools from anti-virus vendors, which may help. 
 
Conclusion
Cybersecurity is a must-have for anyone who is heavily reliant on the internet for lifestyle, work, or leisure purposes. Too many attackers have made a foothold in the cybersphere, which means that staying safe must be everyone’s priority. 
 
Harman Singh: is Managing Consultant at Cyphere Ltd
 
You Might Also Read: 
 
Companies Are Coughing Up Ransom To Recover Their Data:
 
« Anticipating Cyber Attacks
Ireland's Privacy Regulator Is Investigating Instagram »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

CSI Consulting Services

CSI Consulting Services

Get Advice From The Experts: * Training * Penetration Testing * Data Governance * GDPR Compliance. Connecting you to the best in the business.

Resecurity

Resecurity

Resecurity is a cybersecurity company that delivers a unified platform for endpoint protection, risk management, and cyber threat intelligence.

Authentic8

Authentic8

Authentic8 transforms how organizations secure and control the use of the web with Silo, its patented cloud browser.

Practice Labs

Practice Labs

Practice Labs is an IT competency hub, where live-lab environments give access to real equipment for hands-on practice of essential cybersecurity skills.

XYPRO Technology

XYPRO Technology

XYPRO is the market leader in HPE Non-Stop Security, Risk Management and Compliance.

Panzura

Panzura

Panzura optimizes enterprise data storage management and distribution in the cloud, making cloud storage simple and secure.

Vera Security

Vera Security

Vera is a data security platform that provides 360-degree visibility and control over critical business data, anywhere it's shared or stored.

Onapsis

Onapsis

Onapsis is a pioneer in cybersecurity and compliance solutions for cloud and on-premise ERP and business-critical applications.

SEWORKS

SEWORKS

SEWORKS provides offensive and defensive app security that ensures mobile and web apps are safe from dangerous hacking threats.

Eseye

Eseye

Eseye is a global specialist supplier of cellular internet connectivity for intelligent IoT (Internet of Things) devices.

Total Cyber-Sec

Total Cyber-Sec

Total Cyber-Sec is a company specialized in providing Professional Information Security and Cybersecurity Services.

ThreatAware

ThreatAware

Total visibility of your business cybersecurity. Monitoring, management and compliance for your cybersecurity tools, people and processes from one easy to use dashboard.

Cowbell Cyber

Cowbell Cyber

Cowbell Cyber™ offers continuous risk assessment, comprehensive cyber liability coverage, and continuous underwriting through an AI-powered platform.

ISA Global Cybersecurity Alliance (ISAGCA)

ISA Global Cybersecurity Alliance (ISAGCA)

Objectives of the ISA Global Cybersecurity Alliance include the acceleration and expansion of standards, certification, education programs, advocacy efforts, and thought leadership.

InfoSec Conferences

InfoSec Conferences

InfoSec Conferences is an online directory of infosec conferences. We list every single Information Security conference, event and seminar within every niche in Cybersecurity.

Forever Group

Forever Group

Forever Group is a Managed Services Provider specialising in Telecommunications, IT Support, and Cyber Security.

Matrium Technologies

Matrium Technologies

Matrium Technologies has been a leading provider of technology solutions since 1991, with a strong industry background in Network Testing, Network Visibility and Security.

Dimension Data

Dimension Data

Dimension Data is a leading African born technology provider operating in the Middle East and Africa, offering a portfolio of services including intelligent security solutions.

CyberSanctus

CyberSanctus

CyberSanctus provide clients with a variety of pentest plans from the entry level starter plan, which is tailored for personal websites, to enterprise level pentests, tailored for large scale business

Aspiron Search

Aspiron Search

Aspiron Search is a niche-focused Cybersecurity search firm that works exclusively with venture-backed Cybersecurity firms.

Deimos

Deimos

Deimos is a technology, cloud, hybrid and multi-cloud focused, professional services company. Our expertise and focus is on cloud native Developer and Security Operations.