Royal Ransomware is one of the latest ransomware threats that have surfaced in recent years. Royal Ransomware is a particularly dangerous form of ransomware that can cause significant damage to businesses, governments, and critical infrastructure.
Recently, the Indian Computer Emergency Response Team or CERT-In has issued warnings against ViperSoftX, a Royal Ransomware targeting multiple organizations and stealing crucial information. CERT-In has also recently published a report mentioning that ransomware incidents in India have increased by 53% in the last year.
Reports claim that ViperSoftX malware uses sophisticated and advanced encryption methods for stealing personal user data. Equipped with multiple anti-detection features, this malware targets popular web browsers such as Google Chrome, Opera, Brave, and Microsoft Edge.
Let’s take a general look at the Royal Ransomware and the necessary precautions to protect ourselves.
Royal Ransomware in a Nutshell
First observed in 2022, the Royal Ransomware is a sophisticated malware that is designed to infiltrate a network, encrypt all files, and then demand a ransom payment in exchange for the decryption key. This type of ransomware is known as a “double extortion” attack, as the attackers not only encrypt the victim’s files but also threaten to leak them to the public if the ransom is not paid.
Royal Ransomware can be particularly dangerous for critical infrastructure, such as power grids, water treatment plants, and transportation systems. These types of systems are essential for the functioning of society, and any disruption can have severe consequences. If a critical infrastructure system is hit by Royal Ransomware, it can lead to a complete shutdown of services, resulting in significant economic losses and potential risks to public safety.
How to Protect Your Organization from the Dangers of Royal Ransomware
To safeguard critical infrastructure against Royal Ransomware, organizations need to take several steps and a proactive approach to mitigate risks. Some of these steps include:
- Regularly backup critical data: Regular backups of critical data can help organizations recover their data in the event of a ransomware attack. It is essential to store backups in a secure location that is not connected to the network.
- Keep software up-to-date: Keeping all software up-to-date can help prevent ransomware attacks. Attackers often exploit vulnerabilities in outdated software to gain access to a network.
- Implement multi-factor authentication: Multi-factor authentication can prevent unauthorized access to a network. It is essential to use strong passwords and implement two-factor authentication wherever possible.
- Train employees: Employee training is crucial in preventing ransomware attacks. Employees should be aware of the risks of phishing attacks and how to identify suspicious emails.
- Deploy anti-malware solutions: Deploying anti-malware solutions can help prevent ransomware attacks. These solutions can detect and block malware before it can infect a network.
Royal Ransomware is a significant threat to critical infrastructure and businesses. By taking the above-mentioned steps, organizations can ensure the safety of their critical infrastructure by preventing ransomware attacks and protecting themselves from significant economic losses and potential risks to public safety.
Modern problems require modern solutions and sophisticated cyber attacks require proactive security protocol. Prime Infoserv LLP, a CERT-In empanelled security auditor and security service provider is all about protecting your business data from cyber evils. Improve your system infrastructure’s cyber resiliency with our Anti-Ransomware Readiness or ARR audit to safeguard against ransomware threats.
You can find more details on our official website www.primeinfoserv.com or send queries to info@primeinfoserv.com regarding security measures. You can also call us at +9133 4008 5677 for any kind of security service assistance.
