lockbits

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“Federal Agency Breaches LockBit, but LockBit Prevails: What’s Next?”

Just five days on, LockBit announced that its operations had resumed, claiming to have restored from backups unaffected by the government takedown. Law enforcement claiming overwhelming victory while the apparent LockBit ringleader remains at large, threatening retaliation, and targeting new victims puts the two at odds — for now. With the apparent administrator LockBitSupp still in action — the last remaining piece of the LockBit puzzle — it’s unlikely LockBit is going away. Ransomware gangs are known to quickly regroup and rebrand even after law enforcement disruption claims to have taken them down for good. At the time of writing, ALPHV’s leak site remains up and running — and continues to add new victims almost daily.

Kira Kim
February 26, 2024

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US Implements Sanctions Against LockBit Members in Wake of Ransomware Takedown

The U.S. government has sanctioned two key members of LockBit, the Russian-speaking hacking and extortion gang accused of launching ransomware attacks against victims across the U.S. and internationally. The U.S. sanctions announced Tuesday are the latest round of actions targeting the hackers behind LockBit and other prolific ransomware gangs. In 2022, Russian-Canadian dual national Mikhail Vasiliev was arrested on allegations of launching multiple LockBit ransomware attacks. A third suspect, Russian national Mikhail Pavlovich Matveev, was accused of involvement in several ransomware operations, including LockBit. Security researchers say that ransomware victims who pay a ransom are more likely to experience subsequent ransomware attacks.