At Nihon Cyber Defence (NCD) we see the impact that cyber-attacks and in particular ransomware attacks can have. Whilst it has been major ransomware attacks that have dominated the headlines, the reality is that an enormous range of organisations are being impacted.
This increase in the number and sophistication of attacks has been driven by Ransomware as a Service (RaaS), that has made sophisticated cyber tools available to a growing range of criminal groups.
Dealing with a major cyber incident
For an organisation’s senior management, a ransomware attack is a major test of leadership. At NCD we believe that is important that senior managers, who are often under immense pressure, are supported through an incident. We have therefore – at the suggestion of several organisations that we have helped – are launching a cyber security advice service.
The key elements of this service are that it is:
- Cost effective
- Provides access to world-class cyber security experts
- For anyone in a leadership position
The sole purpose of the NCD Advice Service is to help you recover from a Cyber Attack
The way that this service works is:
- Companies that believe that they may have become the victim of a cyber-attack, contact NCD through our online portal (please do not use an email address that may have been compromised in the attack).
- A Non-Disclosure Agreement (NDA) is quickly put in place to ensure complete confidentiality.
- After an initial discussion with a native Japanese speaker, a secure video conferencing call will be set up between the company’s management and world-class cyber security experts who have dealt with many hundreds of cyber security incidents. This call can be in English or with Japanese translation.
- During the call senior managers CEO’s, CIOs, CFO’s, CISO’s or anyone else who finds themselves in a cyber incident management leadership role will have the opportunity to ask questions of these experts. These can be general questions around best and poor practice or specific technical questions.
Asking the right questions
For senior managers who do not have a technical background we will equip you with the questions to ask of your Incident Response team. They could include:
- Technical Understanding – How did the incident happen? Has the access and attack vector been identified and closed? Is the attacker off the network or still there? Is there still a risk of further attack
- Mitigation – What is the damage? What data has been affected or exfiltrated. How do we deal and mitigate this?
- Attribution and Investigation – Who was behind the attack? Why was the victim targeted? Is there an option to pay? Will we negotiate to identify the data exfoliated or to delay exposure? Do we know where the exposure will be … can we disrupt this? Can we recover the encrypted data? Should you involve law enforcement?
- Regulatory– What action is required from the data protection authorities or financial regulatory authorities?
- Comms – What is the internal and external Comms plan? Will this be protective or reactive (pending exposure)? How will we inform affected data subjects?
- Resilience – What is the plan to rebuild our network securely and how can we re-establish customer confidence and commercial reputation?
- Governance – What advice and guidance should be made available to the Board during an incident? How should the Incident be managed?
- Support – What external support do you require? As importantly, what support do we not require? How do we manage the expense of this support?
- Engagement with the hostile actors. Should we engage? What are the risks associated with paying the ransom? How should engagement be taken forward?
Whilst this is designed to be a one-off service, many of our clients have found our experts’ advice to be invaluable and ask us to remain engaged acting as a critical friend or to provide specialist technical services through the attack.
- Preparation– boards awareness, incident planning and exercising
- Monitoring – developing the deployment of the technical solutions pre and post in a cyber incident
Our customers tell us that, having won the work, the major consulting companies use primarily junior staff to carry out the work. At NCD we only use consultants with many decades of experience.
Latest Ransomware News!!
On Thursday, 14th of July 2022, researchers at Microsoft Threat Intelligence Center (MSTIC) released a report which revealed they had been tracking the Holy Ghost ransomware gang which they have connected with North Korea. The Holy Ghost ransomware gang has been active for over a year but it has struggled to be as successful as other gangs. While Microsoft has
Japanese Game publishing giant Bandai Namco confirms hack after BlackCat ransomware data leak posting
On Wednesday 13th of July 2022, the Japanese Game publishing giant Bandai Namco confirmed that they experienced a cyberattack on Sunday 3rd of July 2022 where the threat actors breached internal systems for offices in Asian regions, other than Japan. Bandai Namco also stated there is a possibility that customer information has been stolen by the threat actors. On Monday
On Tuesday 12th of July 2022, researchers at Cyble released a report that revealed a series of new ransomware operations including the ‘Lilith’ ransomware operation who has already posted its first victim on a data leak site. Based on the analysis by the Cyble researchers, Lilith is C/C++ console-based ransomware which is designed for 64-bit versions of Windows. The operation
In a recent report by CrowdStrike, they reveal a callback phishing campaign where threat actors are impersonating well-known cybersecurity companies, such as CrowdStrike to gain initial access to corporate networks. The report stated that this campaign will likely lead to ransomware attacks, as previously seen with past callback phishing campaigns. Callback phishing campaigns involve the impersonation of well-known organisations requesting
Last week, the ALPHV ransomware group, also known as the BlackCat ransomware group announced they had implemented a searchable database that consists of leaked data from their victims who didn’t pay. The group clarified that they have indexed all the possible searchable results which allow for people to search by filename or by content available in documents and images. Currently,
On Thursday 7th of July 2022, Emsisoft, a New Zealand-based cybersecurity firm announced that they had released a free decryption tool for AstraLocker and Yashma ransomware which is available for download from Emsisoft’s servers. The decryption tool is based on AstraLocker’s Babuk-based decryptor and Yashma’s Chaos-based decryptor. Emsisoft has warned the victims of these ransomware variants to quarantine the malware