Ransomware Ghost Strikes 70 Countries, CISA and FBI Issue Alert

In a recent announcement by the FBI, it has been revealed that a particular ransomware is responsible for a significant number of attacks on various entities across more than 70 different countries. This ransomware, known as Ghost, has been wreaking havoc on hundreds of companies worldwide, with no specific industry being targeted. It seems that Ghost is appearing in malware campaigns aimed at entities in almost every sector.

According to the FBI, the creators of this ransomware are targeting virtually any device that is visible on the internet and lacks adequate protection. They exploit known vulnerabilities in these devices to install the ransomware on local networks of affected companies. This approach allows the ransomware to target practically any industry, and so far, it has affected numerous companies in 70 different countries. The creators of Ghost ransomware also make sure to keep their malware up to date by constantly evolving their encryption techniques and file locking formats.

Some of the names associated with this ransomware include Ghost, Cring, Crypt3r, Phantom, Strike, Hello, Wickrme, and HsHarada, among others. The group behind this ransomware seems to have purely financial motivations, aiming to extort money from companies in exchange for regaining access to their data and preventing its public release. However, it’s worth noting that ransomware payments have been declining in recent years.

To protect against these attacks, the FBI recommends using updated network devices and ensuring they are secure with appropriate security measures. It is crucial to avoid using data that could become publicly accessible on the internet. Additionally, using an internal VPN for accessing sensitive local networks can provide greater control over data access.

As the threat of ransomware continues to evolve and affect businesses worldwide, it’s essential for companies to stay vigilant and take proactive measures to protect their networks and data. By implementing the recommended security practices, businesses can reduce their vulnerability to ransomware attacks and safeguard their valuable information.

Technology Explained

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VPN: A Virtual Private Network (VPN) is a technology that allows users to securely access a private network and share data remotely through public networks. It is commonly used in the computer industry to provide secure remote access to corporate networks, allowing employees to access their work files and applications from any location. VPNs also provide a secure connection for online banking, shopping, and other activities that require a secure connection. Additionally, VPNs can be used to bypass geographic restrictions and censorship, allowing users to access websites and services that may be blocked in their country.

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