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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.
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 ...
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 ...
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 ...
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]
The ransomware would instruct victims to buy GreenDot MoneyPak vouchers and enter the code in the Reveton panel displayed on the screen. This money entered a MoneyPak account managed by Qaiser, who would then deposit the voucher payments into the debit card account of his American co-conspirator, Raymond Odigie Uadiale.
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