Indigo Books & Music Inc. revealed this week that a massive systems outage it's been dealing with for almost a month was triggered by ransomware. It ssaid the attack deployed LockBit, a malicious software increasingly cropping up in digital security breaches. Here's what you need to know about LockBit.
TORONTO - Indigo Books & Music Inc. revealed this week that a massive systems outage it's been dealing with for almost a month was triggered by ransomware.
Security software company BlackBerry's website says LockBit malware infiltrates its targets' networks through unpatched vulnerabilities, insider access and zero-day exploits - flaws in software discovered before the company which created it realizes the problem, giving them “zero days” to fix it. LockBit emerged as early as January 2020 and members have since executed at least 1,000 LockBit attacks against victims in the U.S. and around the world, the document alleged.That's a tricky question, said Bhatia, because “these folks operate in such shadows.”
LockBit's other victims include the U.K.'s Royal Mail, French technology group Thales and the Lisbon Port Authority in Portugal.LockBit relies primarily on phishing attacks, said Bhatia. Is it a good idea to pay attackers to access your system or decrypt data and files if you're attacked with ransomware?
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