{"id":686,"date":"2017-06-20T13:29:20","date_gmt":"2017-06-20T17:29:20","guid":{"rendered":"https:\/\/solutionsreview.com\/endpoint-security\/?p=686"},"modified":"2017-06-20T13:29:20","modified_gmt":"2017-06-20T17:29:20","slug":"korean-web-hosting-firm-forks-over-1m-to-ransomware-thieves","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/endpoint-security\/korean-web-hosting-firm-forks-over-1m-to-ransomware-thieves\/","title":{"rendered":"Korean Web Hosting Firm Forks Over $1M to Ransomware Thieves"},"content":{"rendered":"<p style=\"text-align: justify\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-169\" src=\"https:\/\/solutionsreview.com\/endpoint-security\/files\/2016\/05\/Ransom-note.jpg\" alt=\"\" width=\"800\" height=\"350\" srcset=\"https:\/\/solutionsreview.com\/endpoint-security\/files\/2016\/05\/Ransom-note.jpg 800w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2016\/05\/Ransom-note-300x131.jpg 300w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2016\/05\/Ransom-note-768x336.jpg 768w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2016\/05\/Ransom-note-600x263.jpg 600w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2016\/05\/Ransom-note-180x79.jpg 180w, https:\/\/solutionsreview.com\/endpoint-security\/files\/2016\/05\/Ransom-note-400x175.jpg 400w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>Another day, another <a href=\"https:\/\/solutionsreview.com\/endpoint-security\/2016-saw-638-million-instances-of-ransomware-report-says\/\" target=\"_blank\" rel=\"noopener noreferrer\">ransomware<\/a> horror story. This time, a South Korean Web Hosting firm has paid $1 million USD worth of bitcoins to save its business after a Linux-based ransomware infected its servers, encrypting the websites and data of thousands of customers.<\/p>\n<p style=\"text-align: justify\">The attack, which security researchers at Trend Micro <a href=\"https:\/\/blog.trendmicro.com\/trendlabs-security-intelligence\/erebus-resurfaces-as-linux-ransomware\/\" target=\"_blank\" rel=\"noopener noreferrer\">believe<\/a> used a version of Erebus ported to Linux, infected more than 150 servers hosting the sites of more than 3,400 customers, mostly small businesses.<\/p>\n<p style=\"text-align: justify\">The attack first struck on June 10th, according to a blog post from Nayana, the web hosting company, when ransomware attackers demanded 550 bitcoins (roughly $1.6 million USD) to unlock the encrypted files.<\/p>\n<p style=\"text-align: justify\">Nayana was eventually able to negotiate that sum down to 397.6 bitcoins (about $1.01 million), to be paid in three installments.<\/p>\n<p style=\"text-align: justify\">According to Trend Micro, \u00a0Nayana was seriously vulnerable systems at the time of the attack, including a\u00a0Linux kernel (2.6.24.2) compiled back in 2008. &#8220;Security flaws like <a href=\"https:\/\/blog.trendmicro.com\/trendlabs-security-intelligence\/new-flavor-dirty-cow-attack-discovered-patched\/\">DIRTY COW<\/a> that can provide attackers root access to vulnerable Linux systems are just some of the threats it may have been exposed to,&#8221; writes Trend Micro.<\/p>\n<p style=\"text-align: justify\">Nayana has said in a statement that it is working closely with the Korea Internet and Security Agencies, as well as other \u201ccyber criminal investigators&#8221; on an investigation of the attack.<\/p>\n<p style=\"text-align: justify\">Sadly, these sort of attacks will only become more commonplace, as large payouts such as this embolden attackers to reach for more lucrative targets. The epidemic of weaponized encryption hit a <a href=\"https:\/\/solutionsreview.com\/endpoint-security\/2016-saw-638-million-instances-of-ransomware-report-says\/\" target=\"_blank\" rel=\"noopener noreferrer\">fever pitch<\/a> last year, with a whopping 638 million instances of Ransomware, and the trend shows no signs of slowing. There are, however, some steps you can take to protect yourself from attack. Check out the articles linked below for best practices on combating ransomware attacks.<\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/solutionsreview.com\/identity-management\/stop-ransomware-wannacry\/\" target=\"_blank\" rel=\"noopener noreferrer\">How to Stop Ransomware Attacks Like WannaCry<\/a><\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/solutionsreview.com\/endpoint-security\/seven-ransomware-survival-guides\/\" target=\"_blank\" rel=\"noopener noreferrer\">Six Ransomware Survival Guides<\/a><\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/solutionsreview.com\/identity-management\/17-threatmetrix-threat-report\/\" target=\"_blank\" rel=\"noopener noreferrer\">2017 ThreatMetrix Cybercrime Report: Q1<\/a><\/p>\n<div class=\"column one-fourth last\">\n<p style=\"text-align: justify\"><a href=\"https:\/\/solutionsreview.com\/identity-management\/mfa-best-practices-ping-identity\/\" target=\"_blank\" rel=\"noopener noreferrer\">Multi-factor Authentication Best Practices for Securing the Modern Digital Enterprise<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Another day, another ransomware horror story. This time, a South Korean Web Hosting firm has paid $1 million USD worth of bitcoins to save its business after a Linux-based ransomware infected its servers, encrypting the websites and data of thousands of customers. The attack, which security researchers at Trend Micro believe used a version of [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[30,391,23],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Korean Web Hosting Firm Forks Over $1M to Ransomware Thieves\u00a0<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/endpoint-security\/korean-web-hosting-firm-forks-over-1m-to-ransomware-thieves\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Korean Web Hosting Firm Forks Over $1M to Ransomware Thieves\u00a0\" \/>\n<meta property=\"og:description\" content=\"Another day, another ransomware horror story. This time, a South Korean Web Hosting firm has paid $1 million USD worth of bitcoins to save its business after a Linux-based ransomware infected its servers, encrypting the websites and data of thousands of customers. The attack, which security researchers at Trend Micro believe used a version of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/solutionsreview.com\/endpoint-security\/korean-web-hosting-firm-forks-over-1m-to-ransomware-thieves\/\" \/>\n<meta property=\"og:site_name\" content=\"Best Endpoint Protection Security (EPP) Tools, Software, Solutions &amp; Vendors\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/solutionsreview\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-20T17:29:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/solutionsreview.com\/endpoint-security\/files\/2016\/05\/Ransom-note.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jeff Edwards\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta 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