Wave Systems Corp. (fka WAVXQ)

[Genz2]

New ransomware LokiLocker bundles destructive wiping component

https://www.csoonline.com/article/3653640/new-ransomware-lokilocker-bundles-destructive-wiping-component.html

Excerpts:

LokiLocker also uses an unusual obfuscation technique to avoid detection.

Finally, LokiLocker contains a wiper module that will attempt to delete files from all local drives and then overwrite the hard drive's Master Boot Record (MBR), which will leave the system unable to boot into the operating system.

Instead, the user will see a message reading: "You did not pay us, so we deleted all your files." The wiper functionality will automatically trigger based on a timer that's set to 30 days but is configurable.
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When your organization becomes a Wave customer, and turns on its SEDs (with Wave SED Management) and TPMs and utilizes Wave Endpoint Monitor (antimalware) along with Wave VSC 2.0 (MFA), you wouldn't be worrying about this insidious malware/ransomware!!

The main difference with Wave and others is their solutions use activated hardware security (TPMs and SEDs) that Wave can activate and manage!! And those two standards are supported by the Trusted Computing Group (100+ companies) for 20 years!!

Please spread the Wave cybersecurity word!! Wave has AMAZING solutions that could highly benefit a LOT of organizations!!
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