Do You Know About RaaS? (Ransomware as a Service) (Seriously)

header-image.jpg

Yatron Ransomware Plans to Spread Using EternalBlue NSA Exploits

We ran across the article below, and we were floored that there is now Ransomware-As-A-Service (RaaS). To put this in perspective, this is a service sold by an enterprising criminal to other criminals to enable them to encrypt your files and demand a ransom to unlock your files. In exchange for the ransom, you will receive a decryption key that may or may not work to decrypt your files.

This is like a thief selling a foolproof solution to other thieves to break into your home, take all of your valuables, and demand a ransom to get them back. Data—your data—has become a highly-sought-after commodity, and the bad actors are always developing new ways to get to it.

From the article: A new Ransomware-as-a-Service called Yatron is being promoted on Twitter that plans on using the EternalBlue and DoublePulsar exploits to spread to other computer on a network. This ransomware will also attempt to delete encrypted files if a payment has not been made in 72 hours.

Read more at Bleeping Computer.

The landscape of cyber security is always changing, and changing at an extremely rapid pace. Having a strong antivirus solution in place is no longer sufficient to protect your organization from malicious actors. At EXCEL, we keep our eye on what is happening in the cyber security landscape, and prepare solutions that will greatly reduce the risk of a breach of your environment. Be sure that you have security solutions in place that provide the most up-to-date protection. If you are not completely confident that you have the right solutions in place, please give us a call or drop us a line. We can help.

No One is Immune to Ransomware

Michigan-based medical records firm Wolverine Solutions Group (WSG) says that it discovered its systems had suffered a security breach on September 25 last year—*some six months ago.* Malware had infected the company’s computers and encrypted “many” of the firm’s records, rendering them inaccessible.

"That will never happen to me. It's a risk I'm willing to take."

Small- and medium-sized businesses (SMBs) are the prime target for attackers because they tend to be easier targets. They’re often less secure and unprepared for attack. Think about burglars that go after houses where they know no one is home. With more cybercrime automation and the rise of hacking kits, the cost and time it takes to launch a successful attack have decreased, increasing the amount of cyber-attacks executed.

Hot Tips: How to Feel More Accomplished at the End of the Day

At EXCEL, we are always on the look-out for valuable business information that we find helpful and that we can share with our customers and friends. Recently, we ran across an article in Fast Company with some tips on how to feel more accomplished at the end of the day. Who doesn’t want that? We liked the five steps outlined in the article and wanted to share it with our readers. Let us know what you think.

Community Spotlight: Curtis Jewell Receives Champions of Diversity Legend Award

Champions of Diversity

At age 75, Curtis Jewell, chairman and CEO of EXCEL Management Systems, is going strong, but he's stepped back from the front line. He's coaching, but doesn't want to be the No. 1 sales person.

Over the years, he has made connections and tried to walk the walk. Jewell grew up in the country, in a southern household like television's "The Waltons."

"That integrity and taking care of your neighbor and you know, being involved in the community was just natural with us always," he says.

"That's the good news of being an entrepreneur all your life and coming from an entrepreneur family

- you don't have to hedge, you don't have to lie, you don't have to sneak, you don't have to take shortcuts," Jewell says. "Because you learn that you're going to win more than you lose by telling the truth."

Win more than you lose...

To Jewell, leadership is setting an example by taking risks and giving more than receiving. He doesn't try to litigate everything or get every little piece.

"You're going to win some and you're going to lose some," he says "But you'll win far more than you lose if you approach life, and people the right way. It's all in style. It's all in integrity. It's all in honesty and openness." Jewell gives his employees space, trusting them to do the right thing and complete what needs to be done, because people are basically trustworthy, he says. He also expects his executives to own their area of the business within the enterprise.

Mentoring Others

Jewell likes to mentor aspiring entrepreneurs, because so many people helped him. For example, Robert Lazarus Jr. of Lazarus department stores first brought him to Columbus in the 1970s to head up a community substance abuse treatment center. Lazarus had Jewell serve on numerous community boards, and he enjoyed rolling up his sleeves, serving a higher purpose.

Jewell says that race relations are still stove piped in Columbus, but as a businessman he travels in all circles and he wishes more people would get out of their comfort zone. "It's not necessarily due to malice," he says "It's just people are historically moving in the circles that they're used to, and they are overwhelmingly one black and one white. I don't like that."