Robert Rucăreanu spent more than 20 years in telecom and IT and is currently working for Check Point Software Technologies as Country Manager for Romania and Bulgaria. Prior to joining Check Point, he held various positions in Cisco Systems Romania, successfully covering the very large accounts in the Service Provider, Enterprise and Public Sector verticals. His sales experience started in Alcatel Lucent Romania where as Sales Support Manager he covered various accounts in South East Europe. Robert Rucareanu has a very strong telecom background based on his time spent in Vodafone as a Network Support Area Engineer and as an officer within the Special Telecommunications Service.
Robert Rucăreanu graduated Electronics & Telecommunications at the Polytechnical University in Bucharest. He also holds an EMBA diploma issued by Conservatoire National des Arts et Metiers, Paris in co-operation with the Academy of Economical Studies, Bucharest.
Enemy at the gates! Quick look at Ransomware attacks and ways to protect against them
During the past months security incidents attributable to Ransomware have been seen at an unprecedented alarming rate in businesses and government organization, as Ransomware became the weapon of choice for the hackers motivated by financial gain – as opposed to those focused on stealing specific intellectual property or acting for political reasons.
The rise of Ransomware has become a global epidemic. It continues to accumulate victims worldwide, forcing companies to decide between attempting to recover data from backups (and potentially losing vital data since the last backup) and paying significant amounts of ransom to hackers. Ransomware has made recent headlines by accumulating high profile casualties, including a Los Angeles hospital, an Oregon church and two German hospitals and the world is facing an increasing volume of new such attacks and variants.
From CryptoLocker, Locky, and Kovter, to recent attacks leveraging CryptXXX, and Petya, it seems we hear about a ransomware attack every day, with new variants appearing almost on a weekly basis. While Ransomware has been around for some time, it has really been in the last two years that it has moved up to the top of the attacker’s toolbox. Ransomware has taken thousands of individuals and entire corporations hostage, destroyed valuable data, and accumulated 100’s of millions of dollars in gains for skilled hackers.
As security vendors continue to develop defenses to detect and block traditional attacks, ransomware has evolved, becoming more adept at hiding inside documents, leveraging websites that appear innocuous to the user and avoiding detection by traditional antivirus and signature based solutions. Hackers easily swoop in, quickly encrypt files, and receive a
significant payout in return for a decryption key that may or may not work, and then disappear without a trace.
As a result, organizations are becoming acutely aware of the risks posed by Ransomware, yet most are unprepared to defend against the latest evolution of ransomware techniques. Fortunately, as a ray of hope, recent evolutions in sandboxing techniques developed by Check Point will provide organizations with very strong tools for preventing zero-day attacks, such as the Ransomware ones.