LockBit Ransomware Gang Apologies After Hospital Attack, Reaffirms Dentists Are OK To Attack
The LockBit ransomware gang recently targeted the Hospital for Sick Children (SickKids), a teaching and research hospital in Toronto that focuses on...
1 min read
Megan Schutz April 29, 2022
In a recent new study, results found that new ransomware can encrypt at a rate of 54 GB in 43 minutes. Considering that most compromises take roughly three days to be detected, this new finding is alarming and makes reactive-based mitigation nearly impossible.
The rate of encryption directly affects organizations’ ability to respond to prevent a total loss of data from an attack if there is no active anti-ransomware protection software in place to combat it.
From a mitigation standpoint, organizations are losing before they even try. Even if a compromise could be detected within that short of a window, addressing or stopping the threat in under 43 minutes is essentially impossible. Moreover, not all ransomware operates at the same speed, with some variants being faster than others, posing even more challenges to effective mitigation.
The report summarizes one key finding: ransomware is becoming both more unique and more advanced over time.
Now more than ever, preventing ransomware attacks from launching in the first place is the best and only successful approach. Reactive practices, by definition, do not work in preventing attacks. Completely preventing ransomware attacks from occuring in the first place is the only defense worth considering for your organization.
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The LockBit ransomware gang recently targeted the Hospital for Sick Children (SickKids), a teaching and research hospital in Toronto that focuses on...
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