Today, Datto CTO, Robert Gibbons will speak on the topic of ransomware at the annual RSA Conference on cybersecurity at the Moscone Center in San Francisco. His presentation, entitled “We Infected Ourselves With Ransomware: Here's What We Learned” will cover the findings of Datto’s 2016 research on ransomware, a demonstration of ransomware recovery using Datto’s Ransomware Protection And Recovery Solution, and best practice advice for avoiding ransomware and data loss associated with the malware.
As you probably know, ransomware has emerged as a major threat to individuals and businesses alike over the past few years. Cyber criminals use widespread attacks, typically using phishing emails, to distribute ransomware. When the malware is run, it locks victim’s files and and the criminals demand payment to release them. Organizations of all types and sizes have been impacted, but small businesses can be particularly vulnerable to attacks.
Earlier this year, Datto surveyed 1,100 MSPs about ransomware and cybersecurity and published the key findings in the State Of The Channel Ransomware Report. According to 97% of respondents, ransomware attacks on small businesses are becoming more frequent, and they believe that trend that will continue over the next two years. More than 91 percent of MSPs surveyed reported that their clients were victimized by ransomware, 40 percent of whom experienced 6 or more attacks in the last year. Gibbons’ presentation will outline the key findings of this survey, which provide a window into how ransomware is impacting SMBs today.
Datto has also been conducting a variety of testing to better detect ransomware in backup data sets. Since October, Datto has analyzed 22,422,703 backups from 41,479 devices using two different types of tests. The first, known as a file upheaval test, looks for whether files have changed drastically between backups. For example, if files have changed extensions or encrypted file names. The second, known as an entropy test, looks for randomness in data to detect encryption. Gibbons will demonstrate how the tests work and present Datto’s findings.
RSA 2016 was the largest to date, drawing over 40,000 attendees. It is expected that this year’s event will draw a similar number of security professionals. Major themes at the conference include the growing threat of ransomware, the insecurity of IoT, machine learning and artificial intelligence, and cyber attribution.
Gibbons’ presentation is part of an all-day seminar focused exclusively on ransomware. According to its website, RSA “developed this new seminar to give attendees a full day all about ransomware, and its multifaceted implications across technical, policy, compliance and financial response. Sessions will discuss innovative research, present case studies on response and recovery to ransomware, explore combatting ransomware and debate if—and when—you should pay the ransom.”
Attending RSA? Drop by the Ransomware summit in Moscone West 2024 SEM. The session “We Infected Ourselves With Ransomware: Here's What We Learned” takes place at 11:00 am Pacific Time.