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Recently emerged LockFile ransomware family LockFile leverages a novel technique called intermittent encryption to speed up encryption. Sophos researchers discovered that the group is now leveraging a new technique called “intermittent encryption” to speed up the encryption process.
“They allegedly used the Phobos malware to encryptinformation on the networks, blocking the companies from accessing the data unless a ransom was paid and a decryption key was provided by the gang. Generation of target list of extensions and folders to encrypt. ” reported the website Nation Thailand.
Phobos variants are usually distributed by the SmokeLoader , but in 8Base campaigns, it has the ransomware component embedded in its encrypted payloads. The group has been active since March 2022, it focused on small and medium-size businesses in multiple industries, including finance, manufacturing, businessservices, and IT.
.” The victims of the Lockfile ransomware gang are in the manufacturing, financial services, engineering, legal, businessservices, and travel and tourism sectors. Once encrypted the files, the ransomware will append the .lockfile lockfile extension to the encrypted file’s names.
The group has been active since March 2022, it focused on small and medium-size businesses in multiple industries, including finance, manufacturing, businessservices, and IT. ” Security experts attributed 67 attacks to the group in May 2023, most of the victims are in the U.S. and Brazil.
This may allow hackers to gain server privileges, delete or steal data, or even lead to an encryption extortion, critically endangering normal businessservices.” ” reads the post published by Zhu on September 11, 2022.
Microsoft Office 365 – Powerful and Familiar BusinessServices Microsoft Office 365 public cloud offering provides a powerful suite of services for organizations looking to move services and infrastructure to the public cloud. Customer Key allows you to control your own encryption keys.
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