R4IoT: When Ransomware Meets Internet of Things

Presented by

Shawn Taylor, VP Threat Defense

About this talk

Ransomware is now the biggest cybersecurity threat. More than 80% of cyber incidents have financial motivation. Forescout’s Vedere Labs released a comprehensive report that includes a detailed playbook describing how organizations can protect themselves against a new type of ransomware that exploits IoT devices, such as video cameras, to deploy ransomware. The next-generation ransomware described in the R4IoT report uses exposed vulnerable devices, such as an IP video camera or network-attached storage (NAS) device, as the initial access point to the network. It then holds OT devices hostage, thus adding another layer of extortion to an attack campaign. This new attack vector that Vedere Labs predicts will be the next step in ransomware evolution, which will impact all IoT (including IoMT), IT, and OT devices, causing physical disruption of business operations. Tune in to learn about: • How a combined IoT/OT ransomware might work • How this next-generation ransomware would disrupt and impact your organization • Detailed mitigation steps by TTP and how Forescout can help • Vulnerable IoT and OT assets being actively exploited and how to prioritize their protection Speakers: Shawn Taylor, VP, Threat Defense

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