Seven in 10 businesses were the victim of a ransomware attack in 2022, according to a global survey by Statista, the highest reported rate ever. Invasive and difficult to detect, ransomware attacks are a top cyberthreat, costing businesses on average $4.5 million (USD) globally. For small-to-midsized businesses (SMBs) and managed service providers (MSP), ransomware prevention remains vital not only to cybersecurity and business continuity, but survival.
While hackers use multiple techniques for deploying ransomware, phishing attacks account for the #1 distribution method and should warrant top consideration for your preventative measures.
In this article, we examine the threat of phishing-based ransomware attacks and the four measures you need to prevent compromise.
Phishing requires less technical skill from hackers than other ransomware attack methods—such as exploiting Remote Desk Protocol (RDP) or software vulnerabilities.
In ransomware attacks, phishing emails may contain malicious attachments that download and infect a user’s computer at the time of click. These emails may also impersonate trusted brands to trick users into clicking links that deliver the malicious payload.
Alternatively, phishing campaigns may send victims to a phishing webpage for credential harvesting and account takeover. Hackers can then use the access to infect an entire network with ransomware through subsequent phishing emails, lateral movement, privilege escalation, or other techniques.
Phishing page detected by Vade impersonating Microsoft
To prevent ransomware attacks caused by phishing, your organization needs the ability to detect, identify, and remediate all email-borne threats, including those not yet seen in the wild and originating from external or internal sources. This comprehensive protection calls for supplementing native security tools like Exchange Online Protection (EOP) with four email security solutions.
To prevent cyberthreats from reaching your users, you need an integrated and intelligent AI filter engine. This engine analyzes emails, attachments, and webpages to identify the behaviors and anomalies used in phishing, spear phishing, and malware attacks, including ransomware. It acts as the first line of defense against incoming threats, as well as a continual layer of protection for threats that may originate from or transit your network.
Still, not all AI engines are created equal. To optimize accuracy and precision, look for solutions that possess the following features:
Threat detection is only one function of cybersecurity. Incident response is another. Because no cybersecurity solution can detect 100% of threats, you need the ability to respond quickly to the security incidents that inevitably occur. Your effective and timely response requires features that optimize your ability to visualize and address security events in real-time. Those features include:
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For effective threat detection and response, you also need tools that support threat intelligence and investigation. This enables you to coordinate response activities, cross-check threats, and more. The following features enable you to enhance your ability to capture new intelligence and analyze it:
Your users remain the top vulnerability in your attack surface, as human error represents the single greatest cause of data breaches. To improve user behavior, your email security solution should offer phishing awareness training with the following features:
Vade’s approach to phishing awareness training is to train users when they need it most: when they have interacted with a phishing email. Unlike phishing simulations, Vade for M365 triggers automatic phishing awareness training using examples of real phishing emails and webpages.
Vade Threat Coach™
The collection of new samples is programmatic, and new samples are added daily as new threats are detected.
Ransomware is an invasive and costly cyberthreat for organizations of all sizes. As phishing emails deploy the most ransomware attacks, organizations need collaborative email security. By layering protection onto native environments and tools, it enables you to support all necessary activities for ransomware prevention, including threat detection, response, investigation, and education.
Vade for M365 is the first collaborative email security solution for Microsoft 365. Integrated and low-touch, the solution provides AI-powered email security that catches the ransomware threats that Microsoft misses.