In its automated vetting process, it seems to also intentionally avoid attacking systems local to Russia or any other countries within the Commonwealth of Independent States. As such, this can result in sprawling attacks against large enterprises from healthcare to financial institutions.
Viable targets are ones that will feel hindered enough by the disruption to pay a heavy sum - and have the funds to do so. Additionally, various countries throughout Europe (France, UK, Germany) have seen attacks. Notable past targets include organizations in the United States, China, India, Indonesia, Ukraine. It focuses mostly on enterprises and government organizations rather than individuals.Īttacks using LockBit originally began in September 2019, when it was dubbed the “.abcd virus.” The moniker was in reference to the file extension name used when encrypting a victim’s files. LockBit is a subclass of ransomware known as a ‘crypto virus’ due to forming its ransom requests around financial payment in exchange for decryption. Formerly known as “ABCD” ransomware, it has since grown into a unique threat within the scope of these extortion tools. LockBit is a new ransomware attack in a long line of extortion cyberattacks.
Extortion for the hacker’s financial gain.Operations disruption with essential functions coming to a sudden halt.As a self-piloted cyberattack, LockBit attackers have made a mark by threatening organizations globally with some of the following threats: This ransomware is used for highly targeted attacks against enterprises and other organizations. LockBit will automatically vet for valuable targets, spread the infection, and encrypt all accessible computer systems on a network.
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LockBit ransomware is malicious software designed to block user access to computer systems in exchange for a ransom payment.
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