Overview of Ransomware Solutions from Protection to Detection and Response

1
Overview of Ransomware Solutions from Protection
to Detection and Response
Ransomware remains a top threat in 2023 and the
Verizon Data Breach Investigations Report (DBIR)
2022 states that over 25 of breaches were
caused by ransomware.
2
Threat actors are continuously creating
ransomware variants as a result, governments
worldwide are finding and disabling the
ransomware gangs from operating these criminal
businesses. Even as the proliferation of
ransomware-as-a-service lowers the entry point,
the attack sophistication increases, and they are
increasingly targeting MSPs. In fact,
cybersecurity authorities in the United Kingdom
(NCSC- UK), Australia (ACSC), Canada (CCCS), New
Zealand (NCSC-NZ), and the United States (CISA),
(NSA), (FBI) are observing an increase in
malicious cyber activity targeting managed
service providers (MSPs) and expect this trend
to continue. Read more in this helpful alert
from CISA https//www.cisa.gov/news-
events/alerts/2022/05/11/protecting-against-cyber-
threats- managed-service-providers-and-their The
re is no letup in attacks for businesses of all
sizes. Of note, there have been increases in
smaller businesses in the services,
manufacturing, construction, legal, financial
and retail establishments as well as larger
organizations in the telecom, technology,
utilities and governments. The biggest losses
continue to be data exposure, time to resource
normal operations, loss of revenue, brand
reputation, employee reputation, and
insurance. It is important to have a full
cybersecurity program to protect your clients
and their environments that means prevention,
detection, and response. There are plenty of
vendors with solutions that solve some of the
aspects of the ransomware problem. However,
weve noticed that many of the potential
partners we talk to have focused most of their
efforts to date on prevention and response, which
is a reactionary Prevention of ransomware is
usually focused on email, endpoint, web, and
employee awareness training and a much bigger
focus on data
3
and endpoint backup. This generally requires a
number of solutions from email security and
endpoint security vendors to be deployed and
configured consistently on all client endpoints
and email accounts. The response program has
mostly been limited to data restores, which are
increasingly automated now that many backup
vendors have tightly integrated ransomware
detection capabilities. However, as highlighted
above, ransomware continues to cause problems
for MSPs and MSSPs, and their clients. This has
consequences for client trust and confidence in
their service providers services to protect
them from ransomware. Ransomware detection
solutions generally focus on DLP, intrusion
detection, anomaly detection with User and Entity
Behavior Analysis (UEBA), and deep, real-time
application of threat intelligence. These
capabilities are generally the only way to
proactively stop ransomware before it detonates.
For example, monitoring email systems and
networks for ransomware indicators may be the
best way to prevent ransomware attacks from
being successful. Weve noticed that many MSPs
and MSSPs are focusing on these challenges and
implementing network segmentation, better backup
software, widening the patch and config
management programs for on-premises and cloud
systems, DLP, and endpoint and network UEBA.
They are looking more closely at their attack
surfaces and the ability to detect issues for
both North-South and East-West network
connections. While the biggest roadblocks to
making these improvements include the
difficulty in implementing new tools, the lack of
finding and hiring skilled security team
members, client end-user awareness, and overall
cost models to accommodate the solutions needed
to protect clients.
4
Some MSPs and MSSPs are increasing their prices
or creating a second tier of service that
includes a cybersecurity service schedule that
adds additional capabilities for detection,
threat intelligence, and response. This higher
monthly fee schedule is often offset by a lower
cyber insurance premium that the client would
experience. Seceon siSIEM and aiXDR powered MSPs
and MSSPs are able to better protect their
clients with our advanced, AI/ML powered detection
and response capabilities including Detection
at Host In the case of an attack based on email
phishing, Seceon aiSIEM and/or aiXDR quickly
swing into action, correlating logs from the
email server with endpoint activities to find
traces of unusual or suspicious process spawned
on the endpoint. Detection at Host Connecting
with CC When the the ransomwares components
try to establish a connection with the Command
and Control Center (CC) from the affected host,
Seceon aiSIE and/or aiXDR platform steps in to
detect the auto-generated domain names and
correlate that information with other threat
indicators to raise an alert. Detection of
Lateral Movement The introduction of an infected
host in the network could lead to a network
scan conducted by the malware for the purposes
of identifying a potential target before
propagating to other endpoints/servers, like a
worm. Seceon aiSIEM and/or aiXDR can detect this
activity rapidly and correlate with contextual
events to raise a Potential Malware Infected
Host alert, followed by an automated or
press-of-a-button response to quarantine the
infected host. Learn more about Seceons powerful
abilities to detect and respond to ransomware
attacks. Schedule a demo today to see how
leading service providers and IT teams are
efficiently running their security operations.
5
Contact Us
Address - 238 Littleton Road Suite 206 Westford,
MA 01886 Phone no - 1 (978)-923-0040 Email Id
- sales_at_seceon.com Website - https//www.seceon.c
om/ Twitter - https//twitter.com/Seceon_Inc Fac
ebook - https//www.facebook.com/seceon Instagram
- https//www.instagram.com/seceon_inc LinkedIn
- https//www.linkedin.com/company/seceon/