The U.S. Department of Justice announced that Rostislav Panev, who developed code and maintained infrastructure for LockBit, is now in U.S. custody. © 2024 TechCrunch. All rights reserved. For personal use only.
Category: LockBit
bulletproof hosting, Cybercrime, Global Security News, LockBit, North America, Ransomware, Threats, Treasury Department, Zservers
U.S. sanctions bulletproof hosting provider for supplying LockBit infrastructure
A consortium of U.S., Australian and U.K. officials announced coordinated sanctions Tuesday against Zservers, a Russia-based bulletproof hosting provider. The action targets the company for its role in facilitating ransomware attacks, most notably those conducted by the LockBit ransomware-as-a-service (RaaS) group. Officials detailed that Zservers has long been linked to cybercriminal forums, where it has…
8base, Clop, Cybercrime, Cybersecurity, DoD Cyber Crime Center, Europe, Federal Bureau of Investigation (FBI), Global Security News, LockBit, Ransomware, Threats
Thai authorities detain four Europeans in ransomware crackdown
In a sweeping international law enforcement operation, Thai authorities arrested four Europeans in Phuket, accusing them of orchestrating ransomware attacks affecting Swiss companies worldwide. The suspects are allegedly tied to the 8Base ransomware-as-a-service (RaaS) gang, which extorted $16 million worth of Bitcoin from over 1,000 individuals. The operation, termed “Phobos Aetor,” reflected a tightly coordinated…
Blackcat, BlackCat/ALPHV ransomware, Chainalysis, Cloud Security, Cybersecurity, Data Security, Featured, Global Security News, LockBit, malware, Mobile Security, Network Security, News, ransom payments, Ransomware, Security Boulevard (Original), Social - Facebook, Social - LinkedIn, Social - X, Spotlight, Threat Intelligence, Threats & Breaches, vulnerabilities
Ransom Payments Fell 35% in 2024 After LockBit, BlackCat Takedowns
Law enforcement actions, better defenses, and a refusal by victims to pay helped to reduce the amount of ransoms paid in 2024 by $35%, a sharp decline from the record $1.25 billion shelled out in 2023, according to researchers with Chainalysis. The post Ransom Payments Fell 35% in 2024 After LockBit, BlackCat Takedowns appeared first…
Akira, ALPHV, Chainalysis, Cybersecurity, Exploits, Federal Bureau of Investigation (FBI), Global Security News, INC, LockBit, Money, Ransomware, Threats, uk
Ransomware payments dropped 35% in 2024
Ransomware payments saw a dramatic 35% drop last year compared to 2023, even as the overall frequency of ransomware attacks increased, according to a new report released by blockchain analysis firm Chainalysis. The considerable decline in extortion payments is somewhat surprising, given that other cybersecurity firms have claimed that 2024 saw the most ransomware activity…
Department of Justice, Global IT News, Global Security News, indictment, LockBit, Security
Third member of LockBit ransomware gang has been arrested
LockBit is believed tobe responsible for at least $500 million in ransom payments alone. © 2024 TechCrunch. All rights reserved. For personal use only.
Cybercrime, Cybersecurity, Department of Justice (DOJ), Global Security News, Government, LockBit, Ransomware, Threats, Uncategorized
Justice Department unveils charges against alleged LockBit developer
The U.S. Department of Justice revealed charges Friday against Rostislav Panev, a dual Russian and Israeli national, for his alleged role as a developer in the notorious LockBit ransomware group. Panev was arrested in Israel following a U.S. provisional arrest request and is currently awaiting extradition. Authorities allege that Panev has been an instrumental figure…
Clop, Exploits, Global Security News, LockBit, MITRE, Ransomware, Research, Technology, Threats
Latest round of MITRE ATT&CK evaluations put cybersecurity products through rigors of ransomware
MITRE Corporation released findings Wednesday from its latest round of ATT&CK evaluations, assessing the capabilities of enterprise cybersecurity solutions against some of the most prevalent ransomware tactics and North Korean malware. The sixth such evaluation from the nonprofit research organization measured 19 different vendors’ ability to protect enterprise systems by evaluating them against two prominent…