<img height="1" width="1" style="display:none;" alt="" src="https://px.ads.linkedin.com/collect/?pid=1354242&amp;fmt=gif">

Lockbit Ransomware gets a makeover.

Lockbit Ransomware gets a makeover. Expect more of the same with a slightly different paint job.

Latest Threat Intel News:

 

One year after rising to prominence with the release of 2.0, Lockbit ransomware completes beta testing and releases version 3.0.

Researchers have yet to dive into all the upgrades to the 3.0 malware, but the Lockbit TOR site boasts a few operational changes, including:

  • A bug bounty program for security researchers and hackers
  • A new offering to sell stolen data
  • Zcash is now an accepted cryptocurrency

Recommendations

While this “updated” ransomware boasts new features, its core business model remains the same: breaking into your network to steal and encrypt data. This means the same defenses still work. Good cyber practices such as enabling MFA across the organization, ensuring good backups, and deploying endpoint detection are no less effective against this updated ransomware.


This blog post and its contents are intended for general guidance and informational purposes only. This blog post is under no circumstances intended to be used or considered as specific insurance or information security advice.

Recent Articles

Record Ransomware Attacks: June 2023 Highest Month Ever

Threat actors broke another record. Here’s what you need to know.

Rising Tide of Ransomware Attacks: Current and Future Trends

The world has witnessed an alarming surge in ransomware attacks in 2023. After a 2022 decline,...

Ransomware Attacks Remain High: May 2023 Continues Increased YoY Trend

Ransomware is up 51% from this time last year. Here’s what you need to know.