SNAKE Ransomware Is the Next Threat Targeting Business Networks
Since network administrators didn’t already have enough on their plate, they now have to worry about a new ransomware called SNAKE that is targeting their networks and aiming to encrypt all of the devices connected to it
Javvad Malik, Security Awareness Advocate, KnowBe4
“Ransomware has proven to be very lucrative for cybercriminals and it appears some of their ill-gotten gains have funded advancements in ransomware tools. The Snake ransomware is one such example where criminals are trying to cause extra disruption by attempting to encrypt the entire network.
Organisations should focus on the root cause on how ransomware enters the network. This is primarily through social engineering (mainly phishing), or by exploiting unpatched public-facing software. So if they place resources into addressing these entry points, it is more likely they will prevent ransomware, and many other attack techniques.”