Introduction to LockBit Ransomware
Introduction to LockBit
LockBit is a ransomware that first appeared in 2019. It primarily targets large organizations and uses military-grade encryption technology to hold organizations’ computer systems hostage. Attempts to recover data without expert help are often futile and can even make the situation worse.
How does LockBit work?
LockBit works by encrypting user data and demanding a ransom for its decryption. Attackers are known to tailor ransom demands to their victims’ annual income. The average LockBit ransom is around $33,000.
LockBit 2.0 and 3.0: what’s new?
New features in LockBit 2.0
LockBit 2.0 has made several improvements over its predecessor. It has introduced a self-propagation feature that enables ransomware to spread rapidly through the target organization’s network. In addition, it has also improved its encryption techniques to make data recovery even more difficult.
Improvements included in LockBit 3.0
LockBit 3.0, the latest version of the ransomware, has introduced even more sophisticated features. It has improved its evasion techniques to avoid detection by antivirus software. In addition, it has also introduced a backup deletion function to make data recovery almost impossible without the decryptor.
Statistics and facts about LockBit Ransomware
Ransom amounts
The groups operating LockBit ransomware are known to target large organizations. The average LockBit ransom is around $33,000. Ransoms are usually paid in Bitcoin.
Average duration of a LockBit incident
Downtime resulting from LockBit ransomware is often longer than with normal ransomware attacks. The manual process of communicating with attackers can further delay response time.
Results
In our experience, a successful ransom payment usually results in a working LockBit decryptor. However, not all attackers have functional decryption tools.
How to identify and respond to a LockBit attack
How to identify a LockBit attack
LockBit usually leaves a ransom note in the form of a .txt file in each encrypted folder. This note contains all the information you need to contact the LockBit attackers and attempt to recover your data.
What to do in the event of a LockBit attack?
In the event of a LockBit attack, we recommend that you immediately disconnect your system from the network. It’s best not to communicate with the attackers, as they are adept at taking advantage of inexperienced negotiators.
SOS Ransomware: Your expert in ransomware incidents
Introducing SOS Ransomware
SOS Ransomware is an expert service for ransomware incidents. We have extensive experience in this field, and we know how difficult this situation can be. Thanks to our expertise and knowledge, we can recover 100% of your encrypted data in the vast majority of cases.
How can SOS Ransomware help you?
SOS Ransomware can help you recover your data with a fast and efficient ransomware removal process. We manage cases for all sizes of organization, worldwide. All operations are managed remotely by our team of highly specialized technicians.
If you’ve been the victim of a LockBit ransomware attack, don’t hesitate to contact SOS Ransomware. We’re here to help you get through this difficult time and recover your data, without paying a ransom
