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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.
The Russian-based ransomware syndicate LockBit took responsibility for the cyberattack, which temporarily crippled the Georgia county's online infrastructure.
LONDON (Reuters) -Lockbit, a notorious cybercrime gang that holds its victims' data to ransom, has been disrupted in a rare international law enforcement operation, the gang and U.S. and UK ...
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
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.
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