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Ransomware and the Insider Threat

intelligentID | May 15, 2017

Cyberattack

The global business world suffered a major cyberattack last week in the form of “Ransomware.” How vulnerable is your network?

Last week, companies all over the world were rocked to the core when a malicious form of “ransomware” infected thousands of industries. In the wake of the “WannaCry” cyberattack, we at Intelligent ID have been asked by many of our long-standing clients about the nature and overall dangers of such insidious forms of ransom-seeking hacker actions. Well, first and foremost, it is imperative to know that any forms of “ransomware” is, at its basest level, a prime example of the Insider Threat.  

What Exactly is “WannaCry” Ransomware?

“WannaCry” is a ransomware virus that holds computers hostage until the user meets the demands – in this case, financial. The “WannaCry” software infected computers operating on Microsoft and displayed messages demanding users to pay $300 in bitcoin — form of digital currency widely used online. The required payment would typically double to $600 if the first ransom wasn’t paid within days and, after a week failed action, all files on the infected computer would be destroyed. The insidious virus was able to infect many systems on Friday because some users hadn’t installed the latest Microsoft security update, leaving computers vulnerable for any attack. On Monday, the BBC reported that about $38,000 were already paid to those behind the attacks.

Ransomware Preventative Measures

The sad fact is that once such an aggressive form of cyberattack has successfully infiltrated your network, there is very little that you or your organization can do to completely remedy the situation. It is in situations like these that preventive measures should be truly emphasized in any company or entity so that, moving forward, their network is always aware of any possible Insider Threat that could be potentially introduced into the system.

 

If you and your company is properly educated on the various means in which cyberattacks occur – and have the best possible data loss prevention and network monitoring software in place – the chances of you ever having to clean the incalculable mess of a successful “Ransomware” attack are always greatly reduced. Knowing full-well the great lengths in which hackers and cyberattackers will go to play upon your network’s possible vulnerabilities, Intelligent ID has been specifically designed to monitor your entire network system for the best and most comprehensive preventative cybersecurity measures available today.

 

Regardless of what threats your organization may face, Intelligent ID’s highly configurable monitoring options can ensure you are continuously aware of any risk you may be facing, large or small. Our software has been built from the ground up to monitor more areas of your endpoints and provide more information about activity taking place at your endpoints than similar systems. When it comes to reviewing alerts, we provide a simple, visual interface that will provide all your need-to-know statistics in one location, including screen captures of the event as it took place. By utilizing our complete monitoring of your data’s endpoints, every area of your system remains tight and secure. Intelligent ID’s full suite succeeds in covering all of those angles, primarily by starting at your organization’s endpoint and providing you with the full control for up-to-date monitoring and customization.

One of our suite’s greatest assets in combating potential data breaches is its SmartScan ID function. SmartScan ID identifies every piece of sensitive information in your environment based on the content of the file itself, providing you with a comprehensive report of that both identifies the data and locates precisely where it occurred. SmartScan ID can identify partial documents, snippets of data, or sensitive data that has been moved into new document formats. Each possible variable of intricate data loss is taken into consideration, making for the most full and comprehensive security overview. When paired with our flagship monitoring product, Intelligent ID, SmartScan will keep you up-to-date with where your breach risks reside, what areas of the environment need heightened monitoring, and can conduct your forensic investigations for you should the need arise. Intelligent ID comes with full customization features to not only give you the control in deciding which areas require the most concentrated monitoring and coverage, but also to target where those problem areas could arise.

Intelligent ID recognizes each step in a such an insider threat and includes multiple functionalities to address them all.

Intelligent ID is endpoint-based user monitoring and analytics software that secures organizations’ business assets by continuously monitoring and alerting management to suspect events taking place anywhere an endpoint may travel. This includes data loss or theft activity, compliance infractions, workplace liability issues, inefficient use of time and resources, infrastructure concerns, insecure file access, and more. For further information, visit us at www.intelligentid.com or contact us at info@intelligentid.com.

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