Tackling the Maze Ransomware Attack with Security Testing - PowerPoint PPT Presentation

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Tackling the Maze Ransomware Attack with Security Testing

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Infiltration by the Maze malware is a two-way attack – a data breach and a ransomware attack. Read how security testing can help you tackle with the malicious ransomware attack. – PowerPoint PPT presentation

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Title: Tackling the Maze Ransomware Attack with Security Testing


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Tackling the maze ransomware attack with security
testing
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Introduction It can be unanimously
and globally agreed upon that this has not been a
good year. While the world is focused on a virus
that has caused a health crisis, a computer virus
is sneaking around and wreaking havoc
into our socially-distanced lives.   Digital
technologies have played the central role in
keeping things as normal as possible, allowing
businesses to achieve continuity in their
operations. However, several incidents have
been reported where malicious elements hacked
into the online systems and compromised the
privacy, security, and integrity of the digital
solutions.   A ransomware attack early this
year against the City of New Orleans
government cost the city 7 million. As per
a report, ransomware attacks are causing
businesses more than 75 billion every year and
it is expected that by 2021, it will cost 6
trillion annually as a new business will fall
victim to a ransomware attack every 11 seconds.
To the very least, these numbers are concerning
and paint an ugly picture of the security status
of organizations across the globe. 
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What is Maze Ransomware and why do we need to
take it seriously?  Like its predecessors, Maze
too encrypts the victims files and asks for a
ransom payment in exchange of restoring the data.
However, what distinguishes Maze from the early
variants is that it follows through on its threat
of releasing the stolen data publicly. Earlier
known as the ChaCha Ransomware, Maze claimed its
first victim in May 2019 and is still on a
rampant spree of attacking vulnerable businesses.
The malware uses exploit kits, spam emails, and
remote desktop connections with weak passwords
to gain entry into a system. Once the malware is
in, it laterally spreads across a corporate
network and affects all the systems present in
that network. It not only infects and encrypts
the data but also steals the information by
exfiltrating it to the servers controlled by the
attackers. This means that an infiltration by the
Maze malware is a two-way attack a data breach
and a ransomware attack.
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  •  
  • Further, if the ransom is not paid, the attackers
    behind the Maze ransomware threaten to 
  • Release public details of the security breach and
    inform the media 
  • Sell stolen information with commercial value on
    the dark market 
  • Tell any stock exchanges on which the
    victim company might be listed about the hack and
    the loss of sensitive information 
  • Use stolen information to attack clients and
    partners as well as inform them that the company
    was hacked. 
  • Read Full Blog at https//www.cigniti.com/blog/ma
    ze-ransomware-prevention-security-testing/


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