Experts Insight on Pitney Bowes Ransomware Attack

Global shipping and mailing services company Pitney Bowes announced the partial system outage that impacted customer access to some services as a result of a ransomware attack that encrypted some of its systems.


EXPERTS COMMENTS
Jake Moore, Cybersecurity Specialist,  ESET
October 18, 2019
Companies who demonstrate a simulation attack are far less likely to suffer long term
Patching and protecting networks is always preferable to paying, so I strongly recommend offsite backups and continual staff awareness. This doesn’t have to be expensive, nor time-consuming, and can save both time and money should an attack occur. Companies who demonstrate a simulation attack are far less likely to suffer long term should in the event of an attack. Testing the restoration of bac ....
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Jake Moore, Cybersecurity Specialist,  ESET
October 17, 2019
Always test the restore process, as this is where so many ransomware victims fall over.
Patching and protecting networks is always preferable to paying, so I strongly recommend offsite backups and continual staff awareness. This doesn’t have to be expensive, nor time-consuming, and can save both time and money should an attack occur. Companies who demonstrate a simulation attack are far less likely to suffer long term should in the event of an attack. Testing the restoration of bac ....
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Dr Guy Bunker, CTO,  Clearswift
October 16, 2019
Attacks are becoming increasingly sophisticated and high profile organisations are top targets.
While it is unclear how the attack was carried out, the majority of ransomware attacks come from weaponised documents which are sent through email or downloaded from a link in an email. Weaponised documents can be effectively neutralised as they cross the organisation boundary using structural sanitisation functionality. However, this isn’t just about technology - educating users to recognise th ....
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Shawn Kanady, Director of Digital Forensics, Incident Response,  Trustwave SpiderLabs
October 15, 2019
7 Key Steps Organizations Can Take To Defend Against Ransomware
Today, what’s happening is not everyone is paying, so attackers want to hit the institutions or companies that are going to hurt the most because they’ll be put in a position where they’ll have to pay. But it’s key for organizations to remember -- the ransomware is just the end payload. They need to focus on how the attacker got in. Overall, there are seven key steps organizations need ....
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Raphael Reich, Vice President,  CyCognito
October 15, 2019
Ransomware provides an easy income for cybercriminals targeting successful corporations.
Major organizations such as Pitney Bowes are increasingly under threat of ransomware, as the FBI warned just last week. While it's not yet clear what the source of the Pitney Bowes incident was, organizations focused on digital transformation find themselves open to these attacks because exposed of pathways in their IT ecosystem of which they are typically unaware. This includes not only their own ....
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Roger Grimes, Data-driven Defence Evangelist ,  KnowBe4
October 15, 2019
Phishing is involved in 70% to 90% of all successful breaches and unpatched software is involved for 20% to 40% attacks.
The shipping industry has been a pretty big target ever since the NotPetya ransomware attack on Maersk in 2016. The shipping industry was concerned about hackers and malware for years before that, and shipping was always considered a part of federal critical infrastructure guidelines, but it was all mostly theoretical. NotPetya changed that. It proved that a single malware program could significan ....
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