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Bank Info Security 2 years, 4 months ago

Arrests and Indictments in LockBit Crackdown

US, UK and European Authorities Seize Decryption Keys and Will Contact VictimsAn international law enforcement operation that infiltrated ransomware-as-a-service operation LockBit has resulted in arrests, indictments and the seizure of encryption keys that can be used to help victims recover their data. LockBit emerged in 2019 and was one of the largest ransomware operations.

U.S. and U.K. authorities have seized the darknet websites run by LockBit, a prolific and destructive ransomware group that has claimed more than 2,000 victims worldwide and extorted over $120 million in payments. Instead of listing data stolen from ransomware victims who didn't pay, LockBit's victim shaming website now offers free recovery tools, as well as news about arrests and criminal charges involving LockBit affiliates.