UPDATE | Strike against LockBit: The end of the reign of the biggest ransom gang?
Our latest addition, the UPDATE podcast, regularly brings you the latest batch of information from the world of digital security. In this episode, we look at a key breakthrough in the fight against cybercrime that we’ve seen recently. We’ll talk about the crackdown on the criminal activities of the LockBit ransomware gang.
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Strike against LockBit: The end of the reign of the biggest ransomware gang? from BOIT.cz on Vimeo.
LockBit Group
LockBit is a group that offers Ransomware-as-a-Service (RaaS), so its services can be used by other criminal groups for their own operations. The group has been involved in many security incidents around the world in the past. What makes this group different from others? Certainly their ability to self-propagate within the network – a technique that is very uncharacteristic of this type of attack. Overall, the group has “made a name for itself” by taking different approaches, such as launching a contest to find new ideas to improve their ransomware. These activities, coupled with their long-standing ability to stay at the top of the ransomware provider rankings, makes them a significant security risk to organizations around the world.
Why are we talking about them?
Recently, a group of criminals from several states has intervened significantly in the activities of this group. This international cooperation resulted in the successful disruption of LockBit’s primary platform and other critical infrastructure. In total, 34 servers were shut down, located in the Netherlands, Germany, Finland, France, Switzerland, Australia, the United States and the United Kingdom. Two direct participants in the group were arrested in Poland and Ukraine in connection with the crackdown, while five additional charges and three international arrest warrants were issued. At the same time, a list of companies that have fallen victim to the group has been published. Several companies in the Czech Republic and Slovakia are also among the known victims.
Pavel Matějíček and Sandra Burdová talk about this intervention and what it means for our digital world in the current episode of the UPDATE podcast.
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