Ransom from Home – How to close the cyber front door to remote working ransomware attacks

Coronavirus has caused a major shift to our working patterns. In many cases these will long outlast the pandemic. But working from home has its own risks. One is that you may invite ransomware attacks from a new breed of cyber-criminal who has previously confined his efforts to directly targeting the corporate network. Why? Because as a remote worker, you’re increasingly viewed as a soft target—the open doorway to extorting money from your employer.

So how does ransomware land up on your front doorstep? And what can a home worker do to shut that door?

The new ransomware trends

Last year, Trend Micro detected over 61 million ransomware-related threats, a 10% increase from 2018 figures. But things have only gotten worse from there. There has been a 20% spike in ransomware detections globally in the first half of 2020, rising to 109% in the US. And why is that?

At a basic level, ransomware searches for and encrypts most of the files on a targeted computer, so as to make them unusable. Victims are then asked to pay a ransom within a set time frame in order to receive the decryption key they need to unlock their data. If they don’t, and they haven’t backed-up this data, it could be lost forever.

The trend of late, however, has been to focus on public and private sector organizations whose staff are working from home (WFH). The rationale is that remote workers are less likely to be able to defend themselves from ransomware attacks, while they also provide a useful stepping-stone into high-value corporate networks. Moreover, cybercriminals are increasingly looking to steal sensitive data before they encrypt it, even as they’re more likely to fetch a higher ransom for their efforts than they do from a typical consumer, especially if the remote employee’s data is covered by cyber-insurance.

Home workers are also being more targeted for a number of reasons:

What’s the attack profile of the remote working threat?

In short, the bad guys are now looking to gain entry to the corporate network you may be accessing from home via a VPN, or to the cloud-hosted systems you use for work or sharing files, in order to first steal and then encrypt company data with ransomware as far and wide as possible into your organization. But the methods are familiar. They’ll

How can I prevent ransomware when working from home?

The good news is that you, the remote worker, can take some relatively straightforward steps up front to help mitigate the cascading risks to your company posed by the new ransomware. Try the following:

How Trend Micro can help

In short, to close the cyber front door to ransomware, you need to protect your home network and all your endpoints (laptops, PCs, mobile devices) to be safe. Trend Micro can help via

With these tools, you, the remote worker, can help shut the front door to ransomware, protecting your work, devices, and company from data theft and encryption for ransom.