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There are more than 200 victims in the UK and thousands internationally, with losses of billions of pounds in ransom payments and the cost of recovering data.
A coalition of international law enforcement agencies have disrupted the operations of the prolific LockBit ransomware gang.
Comment: LockBit “given a taste of their own medicine” The comments from Huseyin Can Yuceel, security researcher at Picus Security, and Andy Kays, (...)
Lockbit extortion group no longer has at least parts of its infrastructure under its control. Prosecutors managed, among other things, to take over the criminals' central website. Lockbit and its partners have hacked some of the world's largest companies in recent months and years. They use ransomware to encrypt files, drives and backup copies on the victim's network, making them unusable. They only hand over a key in exchange for a ransom to make the systems operational again. LockBit has long been one of the most active ransomware groups.
Law enforcement units have taken down the dark web site associated with the notorious LockBit ransomware group. The site is now under the control of the UK's National Crime Agency, working with the FBI and the international law enforcement task force, Operation Cronos.