LockBit victims in the US alone paid over $90m in ransoms since 2020
Seven nations today issued an alert, plus protection tips, about LockBit, the prolific ransomware-as-a-service gang.
The authoring organizations do not encourage paying ransom, as payment does not guarantee victim files will be recovered. Furthermore, payment may also embolden adversaries to target additional organizations, encourage other criminal actors to engage in the distribution of ransomware, and/or fund illicit activities.
But before thinking that the ransomware-as-a-service group has gone soft, it's worth remembering the gang'sThe crew has been linked to Russia, and in Maya Russian national, Mikhail Pavlovich Matveev, accused of using LockBit and other ransomware to extort a law enforcement agency and nonprofit healthcare organization in New Jersey, as well as the Metropolitan Police Department in Washington DC, among"numerous" other victim organizations in the US and globally.
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