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A major Russian-based ransomware syndicate called LockBit took responsibility for the attack in Fulton County. Four months later, the feds indicted the group's alleged ringleader, Dmitry Khorshev ...
LockBit is a cybercriminal group proposing ransomware as a service (RaaS). Software developed by the group (also called ransomware) enables malicious actors who are willing to pay for using it to carry out attacks in two tactics where they not only encrypt the victim's data and demand payment of a ransom, but also threaten to leak it publicly if their demands are not met.
LockBit has been linked to attacks on the U.K.'s Royal Mail, Britain’s National Health Service, airplane manufacturer Boeing, international law firm Allen and Overy and China’s biggest bank, ICBC.
Lockbit was discovered in 2020 when its eponymous malicious software was found on Russian-language cybercrime forums, leading some security analysts to believe the gang is based in Russia. Nowhere ...
Ransomware as a service (RaaS) is a cybercrime business model where ransomware operators write software and affiliates pay to launch attacks using said software. [1] Affiliates do not need to have technical skills of their own but rely on the technical skills of the operators.
Lockbit, the cybercrime gang that was knocked offline by a comprehensive international police operation earlier this month, says it has restored its servers and is back in business.
The first reported death following a ransomware attack was at a German hospital in October 2020. [76] A significant increase in ransomware attacks occurred during the 2020 COVID-19 pandemic. Evidence has demonstrated that the targeted institutions of these attacks included government, finance, and healthcare.
Its affiliates are like-minded criminal groups that Lockbit recruits to wage attacks using its digital extortion tools. ... Lockbit had a 25% share of the ransomware market. Their nearest rival ...