Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Credit: Jaruwan Jaiyangyuen/Shutterstock.com

It’s 9 a.m. on a Monday after a long weekend. You arrive at your downtown office prepared to tackle a brief for the new multinational corporation you are representing in their upcoming patent infringement case. You grab your coffee, say hello to your co-workers and sit down at your desk to begin. You enter your password and log in. You browse to the folder on your server or Document Management System where all the critical documents collected from your client detailing the “secret sauce” of their latest product are stored. To your horror, none of the files will open and there is a text file in the folder that you do not recognize called ryuk.txt. Congratulations, you are the victim of a ransomware attack.

Ransomware (or extortionware) is a type of malicious software that encrypts user-generated files or entire file systems with an unbreakable cipher. The only way to recover the data is to pay thousands, and in some cases millions, of dollars in cryptocurrency to the attackers in order to retrieve the decryption software or keys. As James Scott, Sr. Fellow, Institute for Critical Infrastructure Technology, stated, “Ransomware is unique among cybercrime because in order for the attack to be successful, it requires the victim to become a willing accomplice after the fact.” The primary distribution method for ransomware continues to be email, as well as Remote Desktop Protocol (“RDP”) servers with poor password policies or ones that lack multifactor authentication (“MFA”).

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

Dig Deeper


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.