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What Do You Do When You’re Hit by Russian Ransomware?
Background reported by Margi at Bloomberg in full in the appendix. This situation is literally the canary in the coal mine in my view, hence I am reporting her backgrounder in full in the appendix.
One intervention by Lockbit causes this much chaos to ICBC and world trading; this is surely a wake up call to Banks everywhere that they are running a risk with their technology system every second of every day.
Passwords become meaningless and in fact represent the open door that the Lockbits of the world seek. There is always some engineer who has a username and password and his experience works against him in the form of complacency or habit. I have witnessed the most experienced engineers who are well respected by Operations or Customer Service executive and they press that engineer for rapid assistance to rectify a customer service matter.
The engineer may have several simultaneous such requests , perhaps over a month end or during another crisis in service with the CEO breathing down those executives necks.
Enter the shady world of text based notes including names, access and passwords. Some can be handed off to junior engineers to fill the request. Some (you know who you are) use notepad, sublime or other text based notes as an integral method of remembering passwords and…
