New Ransomware Attack Targets Small and Medium Enterprises (SMEs)

Ransomware attack targeting SMEs and protection strategies

On August 5, 2024, Security Weekly reported a new ransomware strain named “CryptoLockX” that is increasingly targeting small and medium enterprises (SMEs). This ransomware spreads through phishing emails containing malicious attachments that, once opened, encrypt the victim’s files and demand a ransom in cryptocurrency for their release. How CryptoLockX Operates CryptoLockX is a sophisticated strain […]