Bad Rabbit: a new ransomware affects Russia and Europe
Bad Rabbit is said to be similar to WannaCry, where systems are encrypted and a ransom is demanded in bitcoin.
After WannaCry and Petya, a new ransomware ‘Bad Rabbit’ is affecting systems in Russia and Europe. According to a report by independent cybersecurity firm Kaspersky Lab, the attack has spread from hacked websites of Russian media organizations.
During a Bad Rabbit attack, the ransomware encrypts the systems and the victim organization has to pay bitcoins in return. Currently, those affected have been asked to pay 0.05 bitcoins as ransom. As of now, Interfax and Fontanka in Russia, Odessa Airport and Kiev Metro in Ukraine have been victims of the attacks. The cyber chief of Ukraine has confirmed to news organisations that the attack has taken place but said that the country was “barely affected’.
While no incidents of the attack have been reported from India, in ransomware of such kind, attacks are en masse. Hence, Indian businesses have to be careful and be warned.
Year of Big Attacks
This year, the enterprise witnessed various large scale cyber attacks that spread fast and ended up affecting many systems worldwide. During May this year, WannaCry ransomware attacked systems globally, and ended up affecting more than a million systems. Similar to Bad Rabbit, WannaCry also encrypted files, but the ransom demanded was USD 300 to USD 600 to release the files. Systems that had not updated their Microsoft Windows versions were the most prone to being affected by WannaCry.
During the WannaCry attack as well, victims were advised to not pay the ransom, as it would encourage more such attacks. Further, there is no guarantee if the data will be released or not.