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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...

LockBit 3.0 Ransomware Builder Leak Gives Rise to Hundreds of New Variants

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The leak of the LockBit 3.0 ransomware builder last year has led to threat actors abusing the tool to spawn new variants. Russian cybersecurity company Kaspersky said it detected a ransomware intrusion that deployed a version of LockBit but with a markedly different ransom demand procedure. "The attacker behind this incident decided to use a different ransom note with a headline related to a previously unknown group, called NATIONAL HAZARD AGENCY," security researchers Eduardo Ovalle and Francesco Figurelli said. The revamped ransom note directly specified the amount to be paid to obtain the decryption keys, and directed communications to a Tox service and email, unlike the LockBit group, which doesn't mention the amount and uses its own communication and negotiation platform. NATIONAL HAZARD AGENCY is far from the only cybercrime gang to use the leaked LockBit 3.0 builder. Some of the other threat actors known to leverage it include Bl00dy and Buhti. Kaspersky noted...