Increase in Ransomware Attacks Reported

The NJCCIC has recently observed an increase in the number of ransomware incident report submissions. While variants such as Sodinokibi and Ryuk have been the most prevalent, other variants have also been reported. According to Coveware, the cost of downtime as a result of a ransomware infection is estimated at over $64,000 on average. Additionally, during the first quarter of 2019, paid ransom amounts averaged $12,762, a 90 percent increase from the previous quarter. Some ransom demands, however, far exceed this average. Just three ransom payments made recently by Lake City and Riviera City in Florida and Jackson County in Georgia totaled around $1.5 million. The best way to reduce the potential impact of any ransomware infection is to prepare for data loss by establishing a comprehensive data backup plan that includes having multiple copies stored off the network in a separate and secure location, and tested regularly. Additionally, users and administrators are advised to follow cybersecurity best practices to reduce their risk of a ransomware infection. The following resources can assist New Jersey businesses, organizations, and private citizens in safeguarding their networks and data:

NJCCIC

Ransomware: Risk Mitigation Strategies
Ransomware Threat Profile
Mitigating the Risk of Malware Infections
Supply Chain Security
Cybersecurity Best Practices
Statewide Information Security Manual

MS-ISAC
Security Primer - Ransomware
Security Primer – General Security Recommendations
Want to Keep Your Data? Back It Up!

US-CERT
Data Backup Options

AlertNJCCICRansomware