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"To put today’s takedown into context, based on leak site data, Lockbit had a 25% share of the ransomware market. Their nearest rival was Blackcat at around 8.5%, and after that it really starts ...
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 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 ...
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.
On Windows, the Volume shadow copy (VSS) is often used to store backups of data; ransomware often targets these snapshots to prevent recovery and therefore it is often advisable to disable user access to the user tool VSSadmin.exe to reduce the risk that ransomware can disable or delete past copies.
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.
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