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The Register 2 years, 4 months ago

LockBit ransomware kingpin gets 4 years behind bars

Canadian said to have turned to a life of cybercrime during pandemic, now must pay the price – literally A LockBit ransomware kingpin has been sentenced to almost four years behind bars and ordered to pay more than CA$860,000 ($635,000, £500,000) in restitution to some of his victims by a Canadian court as he awaits extradition to the US.…

As America, UK, Canada, Australia and friends share essential bible to detect and thwart infections Seven nations today issued an alert, plus protection tips, about LockBit, the prolific ransomware-as-a-service gang, as the group's affiliates remains a global scourge, costing US victims alone more than $91 million since 2020.…

Blame it on the affiliate Notorious ransomware gang LockBit "formally apologized" for an extortion attack against Canada's largest children's hospital that the criminals blamed on a now-blocked affiliate group, and said it published a free decryptor for the victim to recover the files.…