What WannaCry and the Equation Group breach means to your business?

Over the past three weeks, your inboxes have been overflowing with technical updates, product offerings and invitations to watch countless webinars from security vendors trying to sell you point solutions to prevent WannaCry and WannaCry 2.0.

What you really need to know is that these ransomware worms are just the first salvos of a likely wave of increasingly sophisticated cyber-attacks that will be impacting businesses for the foreseeable future.

You see, the Equation Group, a reported APT (Advanced Persistent Threat) hacking group, had many of their best cyber warfare tools stolen recently and sold to the highest bidders on the black-market.  Two of these tools were used in the WannaCry attacks (EternalBlue and Double Pulsar).

WannaCry 2.0 leverages seven of these sophisticated tools from the Equation Group toolkit.  Each tool adds additional capability to find victim computers, infect them, and hide itself from detection, while increasing the payout from ransoming computers or taking over control, without the owner’s knowledge or consent.

The real message you need to hear is that now is the time to engage with competent cybersecurity experts to help develop a business-centric, security maturity model and roadmap to protect your business against these attacks and future ones.  It is anticipated that these advanced cyber-attacks will continue to escalate in sophistication and effectiveness over the next 18 to 24 months as cyber criminals weaponize and use new tools in the Equation group toolkit against businesses across the globe.

Braintrace has the skills and experience to deal with these types of attacks and we can help your business take reasonable and cost effective steps to reduce the likelihood of financial loss or breach of your sensitive information.  Give us a call and start managing your cyber risks effectively today.