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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.
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 ...
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.
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.
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 ...
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 in a statement on Friday. Rostislav ...
[51] [52] Furthermore, dark web vendors have increasingly [when?] started to offer the technology as a service, wherein ransomware is sold, ready for deployment on victims' machines, on a subscription basis, similarly to Adobe Creative Cloud or Office 365. [52] [53] [54] Symantec has classified ransomware to be the most dangerous cyber threat. [55]
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