Ransomware Resurgence: Locky and Other “New Cryptolockers”

Presented by

Nick Bilogorskiy, Sr. Director, Threat Operations, Cyphort

About this talk

Like many viruses, botnets and malware families that we’ve seen over the past decade, hackers continue to find new ways of reinventing old threats. And this is no different for Ransomware. Ransomware has come a long way from non-encrypting lockscreen FBI scare warnings like Reveton. In 2016 alone, there have been new ransomware families popping up and we expect that to only pick up steam over the summer. In this edition of MMW, Nick Bilogorskiy, Senior Director of Threat Operations at Cyphort, will discuss: Locky, the new “it” ransomware and how it works A deep dive into a new family of ransom locker discovered by Cyphort Labs in March, that uses TOR Hidden Service Other new ransomware families and why it’s becoming the preferred monetization method for attack

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Cyphort delivers the Anti-SIEM, an innovative security analytics and advanced threat defense platform that addresses time, cost, and complexity challenges associated with traditional SIEMs. The software uses machine learning and behavioral analysis technologies to detect advanced threats in web, email, and lateral spread traffic. Threat data is correlated with event and log data collected from other security devices in the network.  Results are consolidated and presented as a timeline view of each security incident. One-touch mitigation can contain breaches and strengthen existing tools.  The Anti-SIEM works with or without an existing SIEM to reduce noise, improve productivity, and accelerate response.