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With reference to the LockBit Ransomware, consider the following statements:
- It is known as a crypto-virus due to forming its ransom requests around financial payment in exchange for a decryption.
- It is a self-spreading malware which does not require additional instructions once it has successfully infiltrated the device.
Which of the statements given above is/are correct?
- a)1 Only
- b)2 Only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
With reference to the LockBit Ransomware,consider the following statem...
Recent reports emerged that for the first time, the LockBit Ransomware was found to be targeting Mac devices.
- It is malicious software designed to block user access to computer systems in exchange for a ransom payment.
- It was formerly known as “ABCD” ransomware, but it has since grown into a unique threat within the scope of extortion tools.
- It is a subclass of ransomware known as a ‘crypto virus’ due to forming its ransom requests around financial payment in exchange for decryption.
- It focuses mostly on enterprises and government organizations rather than individuals.
- It works as a self-spreading malware, not requiring additional instructions once it has successfully infiltrated a single device with access to an organisational intranet.
- It is also known to hide executable encryption files by disguising them in the.PNG format, thereby avoiding detection by system defences.
- Attackers use phishing tactics and other social engineering methods to impersonate trusted personnel or authorities to lure victims into sharing credentials
Hence both statements are correct
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Community Answer
With reference to the LockBit Ransomware,consider the following statem...
LockBit Ransomware Overview:
LockBit Ransomware is a type of malware that encrypts files on a victim's computer and demands payment in exchange for a decryption key.
Statement Analysis:
Statement 1: It is known as a crypto-virus due to forming its ransom requests around financial payment in exchange for a decryption.
- This statement is correct. LockBit Ransomware is indeed categorized as a crypto-virus because it encrypts the victim's files and demands a ransom payment in cryptocurrency for the decryption key.
Statement 2: It is a self-spreading malware which does not require additional instructions once it has successfully infiltrated the device.
- This statement is also correct. LockBit Ransomware has the ability to spread itself within a network once it gains access to a device. It can propagate without the need for additional instructions from the attacker.
Conclusion:
Therefore, both statements 1 and 2 are correct in describing the characteristics of LockBit Ransomware. It is crucial for users to be aware of such threats and take necessary precautions to protect their devices and data from such malicious attacks.
LockBit Ransomware is a type of malware that encrypts files on a victim's computer and demands payment in exchange for a decryption key.
Statement Analysis:
Statement 1: It is known as a crypto-virus due to forming its ransom requests around financial payment in exchange for a decryption.
- This statement is correct. LockBit Ransomware is indeed categorized as a crypto-virus because it encrypts the victim's files and demands a ransom payment in cryptocurrency for the decryption key.
Statement 2: It is a self-spreading malware which does not require additional instructions once it has successfully infiltrated the device.
- This statement is also correct. LockBit Ransomware has the ability to spread itself within a network once it gains access to a device. It can propagate without the need for additional instructions from the attacker.
Conclusion:
Therefore, both statements 1 and 2 are correct in describing the characteristics of LockBit Ransomware. It is crucial for users to be aware of such threats and take necessary precautions to protect their devices and data from such malicious attacks.
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With reference to the LockBit Ransomware,consider the following statements: It is known as a crypto-virus due to forming its ransom requests around financial payment in exchange for a decryption. It is a self-spreading malware which does not require additional instructions once it has successfully infiltrated the device.Which of the statements given above is/are correct?a)1 Onlyb)2 Onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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