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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. Nowhere ...
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 ...
Its affiliates are like-minded criminal groups that Lockbit recruits to wage attacks using its digital extortion tools. Ransomware is malicious software that encrypts data.
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 gang was first spotted by researchers in February 2019. It evolved as a variant of the "CryptoMix" ransomware family. Clop is an example of ransomware as a service (RaaS). Clop ransomware used a verified and digitally signed binary, which made it look like a legitimate executable file that could evade security detection. [5]
It operated a ransomware-as-a-service operation, where a core group of developers and administrators worked with "affiliates" who carried out attacks. Extortion proceeds were split between the ...