US offering rewards for information on leaders of ransomware group

The U.S. is offering rewards for information on leaders of the LockBit ransomware group. LockBit is a syndicate operating since 2019. It accounted for 23 percent of the nearly 4,000 attacks globally last year in which ransomware gangs posted data stolen from victims to extort payment, according to the cybersecurity firm Palo Alto Networks, per … Read more

FBI, other agencies disrupt ransomware syndicate behind attacks worldwide

The FBI and other agencies have disrupted a ransomware syndicate, known as LockBit, that was behind a series of global cyberattacks that extracted at least $120 million, according to the United Kingdom’s National Crime Agency (NCA). “Today, after infiltrating the group’s network, the NCA has taken control of LockBit’s services, compromising their entire criminal enterprise,” … Read more