Ransomware is a remote, digital shakedown. It is disruptive and expensive, and it affects all kinds of organizations, from cutting edge space technology firms, to the wool industry, to industrial environments. Infections have forced hospitals to turn away patients and law enforcement to drop cases against drug dealers. Ransomware operators have recently begun combining encryption with the threat of data leak and exposure in order to increase leverage against victims. There may be a silver lining, however; Mandiant Intelligence research suggests that focusing defensive efforts in key areas and acting quickly may allow organizations to stop ransomware before it is deployed.
Mandiant Intelligence examined dozens of ransomware incident response investigations from 2017 to 2019. Through this research, we identified a number of common characteristics in initial intrusion vectors, dwell time, and time of day of ransomware deployment. We also noted threat actor innovations in tactics to maximize profits (Figure 1). Incidents affected organizations across North America, Europe, Asia Pacific, and the Middle East in nearly every sector category, including financial services, chemicals and materials, legal and professional services, local government, and healthcare. We observed intrusions attributed to financially motivated groups such as FIN6, TEMP.MixMaster, and dozens of additional activity sets.