LockBit, a notorious ransomware gang, has been targeting major corporations such as Boeing and DP World, using a vulnerability in Citrix Bleed on their NetScaler server. The hackers exploited a flaw that had been patched a month prior, taking advantage of companies that overlooked the update. This oversight allowed LockBit to amass millions in ransom.
A notable trend in these cyberattacks is the involvement of young and talented hackers in their late teens or early twenties. These hackers are often recruited through online marketplaces at a relatively low cost. Criminal organizations often sever ties with these hackers to avoid detection by law enforcement.
Law enforcement agencies strongly discourage victims from paying ransoms as it perpetuates criminal activities and offers no guarantee of receiving a decryption key. There is also no assurance that the stolen data will be deleted. To mitigate the risks of malware attacks, experts recommend implementing proactive measures such as regular data backups, threat monitoring solutions, and establishing an incident response team.
2. LockBit, a ransomware gang, has targeted major corporations by exploiting vulnerabilities.
3. Young hackers are recruited through online marketplaces and then discarded by criminal organizations.
4. Law enforcement agencies discourage paying ransoms as it perpetuates criminal activities and offers no guarantee of data recovery.
5. Proactive measures like regular backups and incident response teams can mitigate the risks of malware attacks.