Ransomware is malicious software that steals and encrypts files, rendering them inaccessible to the owner. The perpetrators demand a ransom fee in exchange for providing the decryption key.
However, even after the payment is made, there is no guarantee that they will actually provide the key. In some cases, they also resort to a tactic called “double extortion,” where they threaten to publish the stolen data online unless an additional ransom is paid. Sounds scary, right? Well, ransomware is getting even more frightening. “Triple extortion” occurs when hackers threaten their victims twice and then extort their clients by using the stolen information.
Can You Outrun Fast Ransomware?
Fast ransomware, also known as “rapid ransomware” or “quick ransomware,” is a type of malware designed to encrypt files on a victim’s computer or network in a very short period of time. Unlike traditional ransomware, which can take hours or even days to encrypt all the files on a system, fast ransomware can complete the encryption process in a matter of minutes or even seconds.
This rapid encryption makes it difficult for victims to stop the process before their files are locked up for good. Once the files are encrypted, the ransomware displays a message demanding payment in exchange for a decryption key that can unlock the files. The payment is usually demanded in cryptocurrency, which can make it difficult to trace the attackers.
Victims of fast ransomware are advised not to pay the ransom, as there is no guarantee that the attackers will actually provide the decryption key. Instead, victims should seek the assistance of a cyber security professional who can help them recover their data and prevent further attacks.
During a ransomware attack, it is critical to disconnect the infected computer promptly and initiate incident response protocols. The software can spread rapidly, so time is of the essence.
Ransomware attacks can be extremely detrimental to businesses, especially ones that spread quickly. Fast ransomware strains are particularly dangerous as they can rapidly disrupt operations and result in significant financial losses.
Some of the fastest ransomware strains can encrypt files at speeds exceeding 100 GB per minute. This means that even large networks can be encrypted in minutes, making it crucial for businesses to have effective cybersecurity measures in place.
Some of the popular fast strains are…
- LockBit
- BlackCat
- 8BASE
- Akira
- Rorschach
When Rorschach was first discovered in April 2023, it was considered the fastest encryption tool on the dark market. It was capable of encrypting 220K files in under five minutes. Just imagine what it could do to your data.
Protect Yourself from Ransomware fast or slow
Here are some tips to protect yourself from ransomware:
- Educate yourself and your employees about ransomware and how to avoid it.
- Keep your software updated, including your operating system, security software, and web browser.
- Use strong passwords and multi-factor authentication.
- Be careful about what emails you open and what links you click on.
- Back up your data regularly and store the backups offline.
It’s important to take measures to avoid ransomware and prepare for it in case it does infect your devices. If you think you may have been infected with ransomware, DO NOT PAY THE RANSOM!
Like other types of malicious software, fast ransomware is commonly spread through traditional cyber criminal methods, such as phishing and social engineering. It’s essential to be aware of malicious threats and tactics used for stealing your data so that you can be better prepared in case something like this happens to you.
In today’s world of cyber security, it is impossible to avoid the threat of cyber criminals forever. However, what is more important for your security is to remain vigilant of the latest threats to your data privacy and to understand how experts can and do combat these types of attacks.
At Commonwealth Sentinel, we offer technical and training resources to help you prevent ransomware. If you fall victim, our Critical Response Team can help you get your systems back up and running.
What’s your first step? Schedule a free consultation today or contact us at (502) 320-9885 for more information.