New Ransomware Attackers Appear

August 17, 2021

A new version of the LockBit ransomware offering recently appeared and is experiencing rapid growth.  This growth is occurring to a great extent due to the July 2021 disappearance of REvil (“Ransomware Evil”), a private ransomware-as-a-service (RaaS) known for its major attacks on JBS and Kaseya, impacting the operations of over 1,500 companies.

LockBit is aggressively advertising to cybercriminals, which lease out LockBit to conduct ransomware attacks.    One of the selling points to cybercriminals is that the new LockBit version provides much higher encryption speeds, designed to penetrate and lock up organizations’ computer systems before the attack is detected.  Among other things, it exploits unpatched firewalls and remote connection vulnerabilities.  Nefarious activities include stealing data and threatening to publish the data if blackmail payments are not made.

powersolution ensures that security patches and numerous other preventative technologies and processes are in place to protect its clients.  Given the widespread proliferation of cyber incidents, powersolution’s new Secure Global Network (SGN) and ThreatOps have been added as standards in its security stack.  SGN provides approximately 12-layers of network security such as artificial intelligence, traffic forensics, malicious software protection, and zero trust functionality.  Additionally, ThreatOps Managed Detection / Endpoint and Response includes automation and a team of human threat hunters that seek out and help remediate potential malicious software and ransomware:

  • Addresses Persistent Footholds (attackers dwelling in your environment through unauthorized access)
  • Utilizes Ransomware Canaries (canaries in the data mine), enabling faster detection of potential ransomware incidents
  • External Recon, which monitors potential exposures caused by open communication ports., which monitors potential exposures

powersolution is currently rolling out its new SGN and ThreatOps protections to all of our new and existing Managed Security Services clients.

Do you have any questions, comments, or wish to discuss the new SGN and ThreatOps cybersecurity stack?

Get a security assessment and a free consultation on managed security services for small or medium-size business.

Call Now: (855) 551-7760

We can help you define your specific data backup and business continuity needs, provide with a most efficient solution, and take measures to keep the malicious users out of your business computer network, and also use control over your users who exhibit risky computer behavior within your organization.

IT Support NJ - Reputable highly rated Small Business IT services and tech support company in New Jersey - powersolution industry awards
IT support NJ - Reputable highly rated Small Business IT services and tech support company in New Jersey - powersolution IT industry awards
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