Ransom.LockBit
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Short bio
Ransom.LockBit is Malwarebytes’ detection name for a specific Ransomware as a Service (RaaS) variant that emerged in September 2019.
Type of infection
Ransom.LockBit is ransomware. Ransomware in general makes files on the victims system unusable until the ransom is payed. Ransom.LockBit not only encrypts a victims files, but also threatens to publish them. Ranssom.LockBit gains initial access by bruteforcing RDP & RD Gateways. From there they work their way through the network using the the publicly available pen testing tool CrackMapExec.
Malicious behavior
Business remediation
How to remove Ransom.LockBit with the Malwarebytes Nebula console
You can use the Malwarebytes Anti-Malware Nebula console to scan endpoints.

Nebula endpoint tasks menu
Choose the Scan + Quarantine option. Afterwards you can check the Detections page to see which threats were found.

On the Quarantine page you can see which threats were quarantined and restore them if necessary.

All component/technology detections are passed to the remediation engine for complete removal from infected systems. This industry leading technology uses patented techniques in identifying all cohorts or associated files for a single threat and removes them all together to prevent malware from resuscitating itself. If you are using Malwarebytes Ransomware Rollback technology, it allows you to wind back the clock to negate the impact of ransomware by leveraging just-in-time backups.
Home remediation
Malwarebytes can detect and remove Ransom.LockBit without further user interaction.
Take note, however, that removing this ransomware does not decrypt your files. You can only get your files back from backups you made before the infection happened.