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. What is LockBit, the malicious software used against Indigo, SickKids?
The retailer, which lost access to its website and payments capabilities, said the attack deployed LockBit, a malicious software increasingly cropping up in digital security breaches.LockBit is both a cyberattack group and a malicious software used to carry out criminal attacks.
LockBit is then able to establish control of a victim’s system, collect network information and steal or encrypt data, the site said. “But what we understand largely is that there’s a deep connection to Russia and to former members of the Russian community, who may not necessarily be based out of Russia anymore, but could be operating from a series of different locations across Europe, and form a part of this large network that LockBit has launched,” he added.
Phishing generally starts with fraudulent emails or text messages meant to look like they’ve been sent by a trustworthy company. They often dupe people into entering confidential information such as passwords into a fraudulent website or downloading malware onto a computer with access to a company’s network.That means the best way to stop it is to ensure that staff are cautious and understand how to review links and messages they get to avoid scams.
“From a law enforcement perspective, organizations are encouraged not to pay and that’s ... because you’re not really guaranteed, even after paying that you’re not going to be affected adversely,” Bhatia said.Authorities also discourage paying because it encourages criminals to continue their attacks and propagates a cycle, he said.
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