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LockBit’s ransomware-as-service model licensed its software to other cybercriminals in exchange for payments that included a percentage of ransoms paid by victims, who included “individuals ...
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 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.
Law-enforcement agencies have infiltrated and disrupted LockBit, arresting two people involved with the prolific ransomware syndicate that has extracted $120 million from thousands of victims ...
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.
On Windows, the Volume shadow copy (VSS) is often used to store backups of data; ransomware often targets these snapshots to prevent recovery and therefore it is often advisable to disable user access to the user tool VSSadmin.exe to reduce the risk that ransomware can disable or delete past copies.
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