Tag: lockbit

Here you will find all the articles with the tag: lockbit.

Four-year sentence for hacker of LockBit ransomware group

Four-year sentence for hacker of LockBit ransomware group

A cybercriminal has been sentenced to four years in prison. The man deployed LockBit ransomware software and was involved in the activities of the ransomware group. A key member of the LockBit ransomware group has been sentenced to four years in prison, Canadian broadcaster CTV News reports. A ... Read more

date1 month ago
LockBit returns with updated encryptors and new servers

LockBit returns with updated encryptors and new servers

LockBit restarted its operations after receiving a crackdown from police forces last week. The ransomware group launched a new website over the weekend to extort the victims it makes. However, the conclusion about the international action against LockBit is positive. How does the operation impact t... Read more

date2 months ago
Ransomware payments reach record high: more than 1 billion euros

Ransomware payments reach record high: more than 1 billion euros

Last year, more than $1.1 billion (€1 billion) in ransom payments were made following a cyber attack. This beats the record from 2021. This is according to figures from Chainalysis. In 2021, ransomware payments amounted to $983 million, but the following year saw a significant drop. The amount... Read more

date2 months ago
LockBit and Clop responsible for about 40% of ransomware attacks

LockBit and Clop responsible for about 40% of ransomware attacks

The ransomware gangs LockBit and Clop executed the most ransomware attacks in the month of June this year. This is according to Flashpoint's monthly report. According to Flashpoint's June Cyber Threat Intelligence Report, a total of 475 ransomware attacks were observed last month. Most of these ... Read more

date9 months ago
Hackers increasingly turn to third-party suppliers

Hackers increasingly turn to third-party suppliers

Hacker collective LockBit has obtained company information from chipmaker TSMC. The data breach resulted from a security incident at a supplier of IT services to the company. Hackers seem increasingly interested in such indirect attacks. Ransomware group LockBit announced it had stolen data fro... Read more

date10 months ago
LockBit 3.0, the market leader in ransomware

LockBit 3.0, the market leader in ransomware

LockBit has been gaining notoriety with the likes of the British Royal Mail and Deutsche Bank. The ransomware is persistent and remarkably self-sufficient. How does this popular tool of cybercriminals operate? Enterprises are going digital at an ever-increasing rate, accelerating the appeal of c... Read more

date12 months ago
Royal Mail hit by LockBit ransomware attack

Royal Mail hit by LockBit ransomware attack

The cyberattack impacted the UK postal system's ability to send mail internationally. The UK government has announced that the Royal Mail has suffered a ransomware attack by criminal group LockBit, according to a report by the BBC. The attack has disabled the Royal Mail's computer systems used t... Read more

date1 year ago
LockBit cyberattack hits Port of Lisbon

LockBit cyberattack hits Port of Lisbon

The Christmas Day attack did not compromise operations, the Port Authority said. Portugal’s third largest port suffered an attack by the LockBit ransomware gang over Christmas, according to a report in BleepingComputer. The Port of Lisbon is part of the critical infrastructure in Portugal's ca... Read more

date1 year ago
LockBit releases decryptor, expresses regret for hospital attack

LockBit releases decryptor, expresses regret for hospital attack

Ransomware group LockBit expressed regret over a cyberattack on a children's hospital in Canada. A free decryptor was released alongside the statement. In late December 2022, the Hospital for Sick Children in Toronto, Canada was attacked by an affiliate of ransomware group LockBit. The incident ... Read more

date1 year ago
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