Wednesday, December 11, 2019

Ransomware Attack at Security Company Prosegur



Ransomware has struck again and this time it is a private security giant, Prosegur. Prosegur has become the latest victim of ransomware. This shows how still many companies are unprepared and still have no backup and ransomware protection at all. 

Without Backup & DR, Even the Strongest Security Company Can Become Vulnerable

The Spanish company, which produces building alarms and offers physical security services like cash transit vans, has over 60,000 employees all over the world. It is a very successful company with profits of $130M reported for the first ninth months of 2019.
The company used its Twitter account on Wednesday to post a statement claiming that they had been struck by the Ryuk variant. They added that they had enabled maximum security measures to prevent the spread of malware which unfortunately also included the restriction of all communications.
Prosegur appears to be in a mess and is struggling to get out of it. The attack was severe and the company’s website was taken offline in various regions.
The attack impacted the company greatly as hours after the attack, customers have been reported saying that the alarms were not working and new customers were even asking for refunds. This would dent the reputation of the company greatly as it is a security company, providing security services.

The Company has appeared to have ‘Recovered’ from the Attack

In a statement, released on Thursday, the company said that they had fully contained the attack and that the company have started the process of recovering data and started restoring its services slowly.
The company has also said that they have started an investigation and will get to the bottom of how the attack happened so that they can identify the vulnerabilities and improve them for the future.

Achieve Ransomware Protection with Backup & Disaster Recovery

It is not clear whether the company paid the ransom or restored from backups but one thing is clear that whatever it was, they suffered a lot of downtimes, even if they actually did restore from backups.
A good backup and disaster recovery solution or a backup and disaster recovery appliance can help greatly in protecting against ransomware. Apart from this, there are many data services that ensure that the company suffers little to no downtime.

There are many vendors who offer backup and disaster recovery solutions like Dell, Nutanix, Unitrends, etc. but there is one, StoneFly, who offers a unique feature that allows companies to spin up VMs directly onto the backup appliance. This helps greatly in reducing the RTOs and RPOs to less than 15 minutes which ensures that a company does not suffer any downtime whatsoever.

Conclusion

Ransomware has been in the news a lot lately and it seems like there is no stopping it. These attacks are not going to stop anytime soon and without any protection, it is impossible to recover from them. A good and efficient Backup and DR appliance helps greatly in protecting against ransomware attacks and helps recover data in a matter of minutes.

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