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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 ...
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 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.
In 2022, Indonesia's central bank was attacked by ransomware but said the attack did not affect its public services. In 2021, a flaw in the health ministry's COVID app exposed the personal 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.
[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]
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]
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