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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.
Last Tuesday the U.S. announced it had charged two Russian nationals with deploying Lockbit ransomware against companies and groups around the world. Police in Poland made an arrest, and in ...
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.
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.
Security experts have suggested precautionary measures for dealing with ransomware. Using software or other security policies to block known payloads from launching will help to prevent infection, but will not protect against all attacks [27] [138] As such, having a proper backup solution
WASHINGTON (Reuters) -The United States has charged a Russian-Israeli dual citizen over alleged involvement with the Lockbit ransomware group, the U.S. Department of Justice said on Friday.
According to a report by Jon DiMaggio entitled Ransom Mafia: Analysis of the world's first ransomware cartel the group is part of a collections of criminals known as the Ransom Cartel or Maze Cartel. [3] They are the largest of the groups active in the cartel. [3] [6] The other members are: TWISTED SPIDER, VIKING SPIDER, LockBit gang and ...
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