Cybereason CISO Israel Barak to Speak on Multi-Stage Ransomware Attacks at the RSAC 365 Virtual Summit

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As the volume of ransomware attacks decline, targeted, multistage ransomware attacks increase; Nation-states actors threaten to shut down networks if steep ransom demands are not met

“Multi-stage ransomware threats across the energy, healthcare, pharmaceutical and banking industries is concerning because nation-states and cybercriminal groups are disrupting business operations and demanding huge ransom payments,” said Israel Barak, CISO, Cybereason

Cybereason, the leader in future-ready attack protection, today announced that Israel Barak, the company’s Chief Information Security Officer Israel Barak will take center stage at the RSAC 365 Virtual Summit, Wednesday, January 27, 11:45 am - 12:15 pm ET, to deliver a presentation titled Critical Infrastructure Network Attacks: Code Red, Alert Network Operators. Barak will analyze the tactics, techniques and procedures used by nation states to target critical infrastructure providers by adopting multi-stage ransomware attacks against the operators of critical infrastructure networks.

In recent research into the ransomware threat against critical infrastructure providers, Cybereason identified multiple threat actors executing multi-stage ransomware attacks involving data theft, the stealing of user credentials, and lateral movement across victim networks to compromise as many endpoints as possible. This includes critical assets like the domain controllers, which could take between several minutes to several hours to compromise.

“Multi-stage ransomware threats to critical infrastructure providers across the energy, healthcare, pharmaceutical and banking industries is concerning because nation-states and cybercriminal groups are disrupting business operations and demanding huge ransom payments. Instead of stopping the threats through anti-ransomware technology readily available and launching an around-the-clock threat hunting program to empower global enterprises to swiftly detect and end multi-stage ransomware and other cyberattacks, organizations of all sizes continue to pay steep ransoms,” said Barak.    

About Cybereason
Cybereason is the champion for today’s cyber defenders providing future-ready attack protection that unifies security from the endpoint, to the enterprise, to everywhere the battle moves. The Cybereason Defense Platform combines the industry’s top-rated detection and response (EDR and XDR), next-gen anti-virus (NGAV), and proactive threat hunting to deliver context-rich analysis of every element of a Malop (malicious operation). The result: defenders can end cyberattacks from endpoints to everywhere. Cybereason is a privately held, international company headquartered in Boston with customers in more than 30 countries.
Learn more: https://www.cybereason.com/
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Media Contact:
Bill Keeler Senior Director, Global Public Relations
Cybereason
bill.keeler@cybereason.com
(929) 259-3261

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