LockBit hackers who took credit for a severe hack at financial data company ION claim that a ransom was paid, although they would not specify the sum or provide any proof that the payment had been transferred. Meanwhile, the ION Group chose not to comment on the situation.
The British spying intelligence agency GCHQ’s National Cyber Security Agency told Reuters there’s nothing further to add. A key to access the files should be provided by the hacking gang if a ransom is paid. As per cybersecurity experts, ransomware often demands the individual file-by-file decryption of computer servers, which can involve days or weeks. Additionally, a machine that has had its data decrypted cannot be trusted after that point and must be wiped clean and rebuilt from scratch. PCs often speed up the process.
After a business pays a ransom, additional ransomware gangs might try to extort them once more by using the company’s IT system flaws. Considering to be completely secure, ransomware victims might seek to redesign their technical infrastructure.
In addition, victims’ files are kidnapped by LockBit, the group behind the ION assault, which also demands payment by February 4 to prevent their disclosure.
Ransoms should not be paid, according to the National Cyber Security Centre of the UK, 42 of ION’s
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