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LockBit Ransomware Operation Shut Down; Criminals Arrested; Decryption Keys Released

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The U.K. National Crime Agency (NCA) on Tuesday confirmed that it obtained LockBit's source code as well as intelligence pertaining to its activities and their affiliates as part of a dedicated task force called  Operation Cronos . "Some of the data on LockBit's systems belonged to victims who had paid a ransom to the threat actors, evidencing that even when a ransom is paid, it does not guarantee that data will be deleted, despite what the criminals have promised," the agency  said . It also announced the arrest of two LockBit actors in Poland and Ukraine. Over 200 cryptocurrency accounts linked to the group have been frozen. Indictments have also been unsealed in the U.S. against two other Russian nationals who are alleged to have carried out LockBit attacks. Artur Sungatov and Ivan Gennadievich Kondratiev (aka Bassterlord) have been accused of deploying LockBit against numerous victims throughout the U.S., including businesses nationwide in the manufacturing and ot