TechDigits

Tech news
Thursday, Apr 18, 2024

Ransomware Attackers Up Ante as White House Vows Crack Down

Ransomware Attackers Up Ante as White House Vows Crack Down

A series of major cyber-attacks in recent weeks has underscored the brazenness of the attackers and the challenges of tackling the problem of ransomware, just as the Biden administration announced plans to take on the issue.

In a matter of days, attacks were revealed against the police department in Washington, D.C. , where the hackers threatened to release information about police informants to criminal gangs; the Illinois Attorney General’s office, which had been warned about weak cybersecurity practices in a recent state audit; and San Diego-based Scripps Health, where medical procedures were canceled and emergency patients diverted to other hospitals.

Then on Saturday, Colonial Pipeline confirmed that it had joined the list of recent ransomware victims in an attack that threatened to upend gasoline and diesel supplies on the East Coast. While few details about the attack are yet known, Colonial shut down the biggest gasoline pipeline in the U.S. as part of an effort to contain the threat.

“The recent ransomware attacks illustrate, by their number severity and range of targets, why we need to treat this problem on the level of a real national security threat both here and around the world,” said Christopher Painter, coordinator for cyber issues at the State Department under President Barack Obama. “Fortunately, people in our government are paying attention.”

The string of attacks came as the Biden administration has vowed to take on ransomware, which Department of Homeland Security Secretary Alejandro Mayorkas last week called “one of our most significant priorities right now.” His agency in March announced a 60-day sprint to address ransomware, and the Department of Justice has created its own ransomware task force.



Malicious Link

Ransomware is a type of malware -- often hidden in a phishing email or a malicious link -- that locks up a victim’s files, which the attackers promise to unlock for a ransom payment. More recently, ransomware groups have started stealing data and threatening to release it unless they are paid.

“It’s now a double-extortion scheme,” said Tyler Hudak, who handles incident response for the cybersecurity firm TrustedSec. “A lot of organizations will pay just to make sure their private data doesn’t get out.”

The scope of ransomware attacks is rapidly growing, with police departments, dental clinics, school districts and IT companies among the victims. Cybersecurity firm Emsisoft found that that almost 2,400 U.S. based governments, health-care facilities and schools were hit by ransomware in 2020.

A report released last month by a ransomware task force -- which included cybersecurity experts, government officials and academics -- said the amount paid by ransomware victims increased by 311% in 2020, reaching about $350 million in cryptocurrency. The average ransom paid by organizations in 2020 was $312,493, according to report.

So far, in addition to singling out ransomware, the Biden administration has also vowed to bolster defenses of critical infrastructure, including the electrical grid. The hackers behind the Colonial Pipeline attack took aim at both priorities, though it’s not clear if that was intentional.

While the investigation is still underway, a ransomware group called DarkSide appears to be behind the attack, according to Allan Liska, senior threat analyst at the cybersecurity firm Recorded Future.



Double Extortion

DarkSide first surfaced in August 2020 and uses the ransomware-as-a-service model, according to a blog post from the cybersecurity firm Cybereason. DarkSide uses the double extortion method in which it not only encrypts a victim’s data but exfiltrates it and threatens to make it public unless the ransom is paid, according to Cybereason.

“DarkSide is observed being used against targets in English-speaking countries and appears to avoid targets in countries associated with former Soviet Bloc Nations,” according to the blog.

While ransomware is primarily a profit-seeking venture perpetuated by criminals, there are allegations of foreign governments enabling or engaging in the attacks. Last year, the U.S. issued a warning about North Korea cyber crimes, including ransomware, saying the regime was increasing relying on illicit activity to generate money for weapons. In announcing sanctions against Russia in April, the Treasury Department stated that Russian intelligence cultivates and co-opts hackers “enabling them to engage in disruptive ransomware attacks and phishing campaigns.”

What to know in techGet insights from reporters around the world in the Fully Charged newsletter.
A major challenge in cracking down on ransomware is that many of the hackers operate out of countries that are unable or unwilling to prosecute them, making it difficult for authorities in the U.S. or elsewhere to bring them justice, according to the task force report. The hackers insist that ransom payments are made in cryptocurrency, making them difficult to track. It’s also relatively easy and cheap to launch ransomware, since some gangs now sell versions of the malware with instructions and customer service, a sort of criminal variation of the “software-as-a-service” model.

Another confounding issue is that many victims pay the ransom, something the FBI warns against because it encourages the attackers to target more victims and offers an incentive for others to get involved.

The task force report, prepared by the Institute for Security and Technology, includes 48 actions the Biden administration and the private sector could pursue for tackling ransomware, including using diplomacy and law enforcement to discourage foreign governments from providing a safe haven for ransomware gangs and imposing tougher regulation on cryptocurrency.

Painter, who was part of the task force, said it was a “timely call to action.” He added that “this problem will only get worse if we don’t address it now in a comprehensive way.”

Hudak said the success of ransomware gangs depends on establishing a reputation. That’s one reason many of them, including DarkSide, create pages on the dark web showing which companies they have attacked and files they’ve released from victims that don’t pay, he said.

“We’re working an incident right now where DarkSide is involved,” Hudak said. “They do research on their victims. They’ll know much money they make, whether they have cyber insurance and what that insurance will pay.”

Newsletter

Related Articles

TechDigits
0:00
0:00
Close
FTX's Bankman-Fried headed for jail after judge revokes bail
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Musk announces Twitter name and logo change to X.com
The future of sports
TikTok Takes On Spotify And Apple, Launches Own Music Service
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Poor Man With Money, Mark Zuckerberg, Unveils Twitter Replica with Heavy-Handed Censorship: A New Low in Innovation?
The Double-Edged Sword of AI: AI is linked to layoffs in industry that created it
US Sanctions on China's Chip Industry Backfire, Prompting Self-Inflicted Blowback
Meta Copy Twitter with New App, Threads
BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner
UK Crypto and Stablecoin Regulations Become Law as Royal Assent is Granted
A Delaware city wants to let businesses vote in its elections
Alef Aeronautics Achieves Historic Milestone with Flight Certification for World's First Flying Car
Google Blocked Access to Canadian News in Response to New Legislation
French Politicians Advocate for Pan-European Regulation on Social Media Influencers
Melinda French Gates Advocates for Increased Female Representation in AI to Prevent Bias
Snapchat+ gains 4 million paying subscribers in its first year
Apple Makes History as the First Public Company Valued at $3 Trillion
Elon Musk Implements Twitter Limits to Tackle Data Scraping, but Faces Criticism for Technical Misunderstanding
EU and UK's Slow Electric Vehicle Adoption Raises Questions About the Transition to Green Mobility
Top Companies Express Concerns Over Europe's Proposed AI Law, Citing Competitiveness and Investment Risks
Meta Unveils Insights on AI Usage in Facebook and Instagram, Amid Growing Calls for Transparency
Crypto Scams Against Seniors Soar by 78% in 2022, Experts Urge Vigilance
The End of an Era: National Geographic Dismisses Last of Its Staff Writers
Shield Your Wallet: The Perils of Wireless Credit Card Theft
Harvard Scientist Who Studies Honesty Accused Of Data Fraud, Put On Leave
Putting an End to the Subscription Snare: The Battle Against Unwitting Commitments
The Legal Perils of AI: Lawyer Faces Sanctions for Relying on Fictional Cases Generated by Chatbot
ChatGPT’s "Grandma Exploit": Ingenious Hack Exposes Loophole in AI, Generates Free Software Codes
The Disney Downturn: A Near Billion-Dollar Box Office Blow for the House of Mouse
A Digital Showdown: Canada Challenges Tech Giants with The Online News Act, Meta Strikes Back
Distress in the Depths: Submersible and Passengers Missing in Titanic Wreckage Expedition
Mark Zuckerberg stealing another idea: Twitter
European Union's AI Regulations Risk Self-Sabotage, Cautions smart and brave Venture Capitalist Joe Lonsdale
Nvidia GPUs are so hard to get that rich venture capitalists are buying them for the startups they invest in
Chinese car exports surge
Reddit Blackout: Thousands of Communities Protest "Ludicrous" Pricing Changes
Nvidia Joins Tech Giants as First Chipmaker to Reach $1 Trillion Valuation
AI ‘extinction’ should be same priority as nuclear war – experts
×