LockBit is a cybercriminal group proposing ransomware as a service (RaaS). Software developed by the group (also called ransomware ) enables malicious actors who are willing to pay for using it to carry out attacks in two tactics where they not only encrypt the victim's data and demand payment of a ransom , but also threaten to leak it publicly ...

Jun 14, 2023 · Since January 2020, affiliates using LockBit have attacked organizations of varying sizes across an array of critical infrastructure sectors, including financial services, food and agriculture, education, energy, government and emergency services, healthcare, manufacturing, and transportation.

20 hours ago · LockBit’s other members, called “affiliates,” carried out LockBit attacks and extorted ransom payments from LockBit victims. LockBit’s developers and affiliates would then split the ransom payments which were extorted from victims. As alleged in the superseding complaint, at the time of Panev’s arrest in Israel in August, law ...

4 hours ago · A dual Russian-Israeli national, suspected of being a key developer for the LockBit ransomware operation, has been extradited to the United States to face charges. Rostislav Panev, 51, was ...

3 hours ago · LockBit grew to become one of the most prolific ransomware groups, attacking more than 2,500 entities in at least 120 countries around the world. Nearly 1,800 of those were located in the United States. Victims consisted of individuals and small businesses to multinational corporations, including hospitals, schools, nonprofit organizations ...

4 hours ago · Prosecutors allege Panev was a developer working for the LockBit ransomware group from its beginnings in 2019 and until at least February 2024. Panev and other LockBit developers designed the gang ...

4 hours ago · LockBit operators and affiliates have extracted at least $500m in ransom payments from their victims, as well as causing billions of dollars in lost revenue and response and recovery costs, according to the DoJ. Key LockBit infrastructure was taken down by law enforcement during Operation Cronos in February 2024, ...

May 7, 2024 · Law enforcement officials say they’ve identified, sanctioned, and indicted the person behind LockBitSupp, the administrator at the heart of LockBit’s $500 million hacking rampage.

4 hours ago · LockBit emerged in early 2020, luring affiliates through the claimed sophistication and speed of its crypto-locking malware and becoming one of the most active ransomware groups. The ransomware-as ...

Feb 3, 2025 · It has been almost a year since international law enforcement took down LockBit — a group once referred to as “the most prolific ransomware.” In reality, LockBit has never been the most prolific, and should instead be referred to as the “most talkative ransomware.”