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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.
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.
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.
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 is a critical component to defending against ransomware.
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