Forensic expert, Brendan Read, discusses the urgency for
organisations to revise their cybersecurity posture.
A new ransomware threat moving quickly through the
corporate world is magnifying the need for revising an
organisation's cybersecurity posture.
Known as LockBit 2.0, this malicious software pursues
'double extortion' with unprecedented precision, first
locking files and systems in unusable formats while allowing the
exfiltration of data to the dark web. Victims are sent instructions
on how to engage with perpetrators only after a breach is complete,
and multi-million-dollar ransom demands are common.
LockBit's speed and multi-pronged capability make its
emergence particularly concerning. When a machine is infected,
LockBit's sophisticated software moves rapidly to home in and
lock its central server, the domain controller which governs all
user permissions and security for data stored on an
organisation's network. The software platform saves time by
only
