Posted 2/20/2024, 9:33:27 PM
Global Authorities Dismantle LockBit Ransomware Gang, Indict Core Members and Recover Extortion Millions
- Law enforcement agencies from 10 countries dismantled LockBit, a prolific ransomware gang that extorted over $120 million from victims
- U.S. and European authorities seized dozens of LockBit's servers and obtained decryption keys to help victims recover data
- The DOJ unsealed indictments against two alleged core LockBit members behind major attacks in the U.S. since 2021
- Treasury Dept sanctioned the suspects, banned business with them, and froze related crypto wallets
- Officials vowed to identify all LockBit members and said this deals a major blow, but more action is needed against cybercriminals