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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.
On Monday, Lockbit’s site displayed a similar countdown, but from the law enforcement agencies who hacked the hackers: "Return here for more information at: 11:30 GMT on Tuesday 20th Feb.," the ...
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 ...
The United States has charged two Russian nationals with deploying Lockbit ransomware against companies and groups around the world. The NCA, U.S. Department of Justice, FBI and Europol gathered ...
In November 2023, ransomware group LockBit claimed responsibility for hacking Alphadyne stating it had to make an unspecified payment by the deadline or it will publish the stolen data online. [ 8 ] During the COVID-19 pandemic , the firm has created the Alphadyne Foundation that award grants to arts groups.
On 1 February 2023, LockBit attacked ION's derivative platform with a ransomware attack which disrupted clients such as financial institutions who were unable to process their transactions. Upwards of 40 different companies experienced slowed operations and had to resort to manual processes.
The group, Lockbit, had become notorious in cybercrime circles for using malicious software called ransomware to digitally extort victims, relying on underground marketing campaigns to boost its ...
The bank was hacked by LockBit, a ransomware group. [ 46 ] described by Bloomberg as "a criminal gang with ties to Russia." [ 45 ] The attack against ICBC resulted in the bank being unable to clear a large number of US Treasury trades over the next day and forced others to reroute orders, upsetting normal operations. [ 47 ]