Blue Team Alpha Insights

Ransomware attacks have been on the rise in the financial services industry, with more and more hackers using the ransomware-as-a-service model to carry out their attacks. With the threat landscape for banks and other financial services being in a constant state of flux, it’s essential to take proactive steps to protect against these attacks.  There are no silver bullets in security, and the journey to a well-oiled cybersecurity program is a long one, but there are some basics to put in place to ensure you are building a solid foundation that you can continue to improve upon over time. [1] Train

Who is LockBit? LockBit is a multimillion-dollar ransomware group that offers ransomware as a service. It treats ransomware as a business and even has affiliate marketing, bug bounty, and HR programs. Using its revenue, it hires individuals to write its ransomware software. LockBit is one of the most active ransomware groups.  At LockBit, “employees” do not execute the initial exploit themselves; instead, they place ads on the dark web to offer initial access. In these ads, LockBit states it will provide everything you need to deploy ransomware, and then splits the ransom profits with the threat actor. LockBit 3.0 This