What is LockBit, the cybercrime gang hacking some of the world's largest organizations?

Ransom LockBit a type of malicious software that blocks access to computer systems or encrypts files until a ransom is paid.

The term Lo more than 30 years th the mal the last decade (malware) and to the group that created it.

LockBit has been Ransomware almost 2,000 victims in the United States alone.

With a 20% commission of the ransom being paid to LockBit, this system can generate significant revenue for the group.

For now, whether or not to pay a ransom is a matter of preference and ethics for each organization.

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