LokiLocker ransomware family spotted with built-in wiper

BlackBerry security researchers have identified a ransomware family targeting English-speaking victims that is capable of erasing all non-system files from infected Windows PCs. LokiLocker, a ransomware-as-a-service (RaaS) family with possible origins in Iran, was first seen in the wild in mid-August 2021, BlackBerry Threat …

[Pascal Monett]

"After all, people who pay one ransom can often be persuaded to pay another"

And that is why the USA has made it a crime to pay kidnapping money. It worked.

It must be made illegal to pay ransomware scum. Don't pay them and the well dries out, they stop and everyone is better off.

Insurance companies must abolish their policies on this.

Companies need to train their staff and have (better) backup procedures in place.

If you don't do it for yourself, do it for your country.