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Understanding Ransomware and Strategies to Defeat it

March 5, 2020

Held Hostage in Hollywood: In February 2016 the Hollywood Presbyterian Medical Center, in Los Angeles, paid a ransom of about US$17,000 to hackers who infiltrated and disabled its computer network with ransomware. The hospital paid the ransom of 40 Bitcoins (currently worth about $16,664) after a “network infiltration” began on February 5, when employees reported being unable to access the hospital’s network and electronic medical records system. “The malware locked access to certain computer systems and prevented us from sharing communications electronically,” said hospital CEO Allen Stefanek.

Spotlight

Norse

Norse is the global leader in live attack intelligence, helping companies block the threats that other systems miss. Serving the world’s largest financial, government and technology organizations, Norse intelligence offerings dramatically improve the performance, catch-rate, and return-on-investment of the entire security infrastructure. The Norse Intelligence Network, a globally-distributed “distant early warning” grid of millions of sensors, honeypots, crawlers, and agents, delivers unmatched visibility into difficult-to-penetrate geographies and darknets, where bad actors operate.

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Understanding Ransomware and Strategies to Defeat it