Leading UAE-based Cybersecurity Company Warns of Dangers of Petya Ransomware and Stresses the Importance of Network Security Assessments & Patching

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Managed FZ-LLC warns of dangers of not patching or conducting VA/PT – offers solutions to support worried and stressed IT Departments and Senior Managers

DUBAI, United Arab Emirates: ME NewsWire: Two months after one of the worst ransomware attack in history was conducted via WannaCry, a newer, more dangerous version is out in the wild. Security researchers have called it Petya, and it’s even more devastating than WannaCry.Petya has some of the same characteristics of WannaCry, including using the notorious EternalBlue exploit for Windows. The only difference with Petya is that, according to one well-known security researcher, it is currently spreading over local networks. This threat of a more advanced WannaCry that could be spread through phishing and spammy emails and links should be enough to seriously alarm IT managers.

One of the main reasons as to why WannaCry and now Petya are so successful in their infection is because of unpatched systems. According to KrebsonSecurity, Microsoft did release a patch for EternalBlue exploit in March 2017, but only a few companies took the time to install the patch and update their systems. The many that didn’t were the victims of WannaCry, and now Petya.

Managed FZ-LLC is responsible for making sure that companies large and small in the UAE are not exploited by this new ransomware threat. Managed has been busy helping large customers assess the overall security of their IT infrastructure with the RADIUS VA/PT service, as well as perform packet analysis to see what exactly is going through their networks – in order to ensure a secure IT environment. In addition, Managed sent an alert to its customers via its proprietary Managed Security Threat Advisory service – in advance of mainstream media, so that they can be forewarned and prepared.

The two key ways to ensure that an organization survives these attacks, which are getting worse as time goes by, is to ensure that first, all systems, including servers, client machines, and networking gear have up-to-date patches and second, data backups are made regularly, and data restoration is tested. Companies should also regularlyconduct Vulnerability Assessments and Penetration Tests, to ensure that rogue malware and traffic can’t get into the infrastructure, and that no malicious data can leave unchecked. This should be coupled with frequent user security awareness training exercises.

ABOUT MANAGED FZ LLC:

Managed is a leading provider of innovative solutions in Online Threat Management& Mitigation, Brand Risk Monitoring and Managed Cyber Security Services for high profile Government and private sector organizations. Built around the concept of safeguarding our client’s information and IT infrastructure, we enable our clients to focus on their business growth without worrying about their IT and online security.

Managed’s customer base includes Government organizations, telecom operators and finance, aviation, media and news organizations. Managed’s obsessive focus on customer service is built around its large 24x7x365 NOCSOC and Monitoring Center in Dubai, which provides proactive monitoring and client support services.