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Lockbit cybercrime gang disrupted in global takedown

February 20, 2024
in Australia
Reading Time: 4 mins read
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A global regulation enforcement operation led by the UK’s Nationwide Crime Company and the FBI has arrested and indicted members of the Lockbit ransomware gang, in an unprecedented police operation that has struck one of many world’s most infamous cybercrime gangs.

The USA has charged two Russian residents with deploying Lockbit ransomware in opposition to firms and teams world wide.

Police in Poland and Ukraine made two arrests.

The NCA, US Division of Justice, FBI and Europol gathered in London to announce the disruption of the gang, which has focused greater than 2000 victims worldwide and acquired greater than $US120 million ($A183 million) in ransom funds, the DOJ mentioned.

The UK’s Nationwide Crime Company Cyber Division, with the US Division of Justice, the FBI and different regulation enforcement companies seized management of internet sites utilized by Lockbit, US and UK authorities mentioned.

The companies used Lockbit’s personal web site to launch inside knowledge in regards to the group itself.

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“We now have hacked the hackers,” Graeme Biggar, director normal of the Nationwide Crime Company, instructed reporters.

“We now have taken management of their infrastructure, seized their supply code and obtained keys that can assist victims decrypt their programs”.

The takedown, dubbed “Operation Cronos” was a world coalition of nations together with Australia, he mentioned.

“Collectively, we now have arrested, indicted or sanctioned a number of the perpetrators and we now have gained unprecedented and complete entry to Lockbit’s programs”.

“As of right this moment, Lockbit is successfully redundant,” he added.

“Lockbit has been locked out”.

A consultant for Lockbit didn’t reply to messages from Reuters looking for remark.

Obtained in New Jersey, the unsealed indictment expenses Artur Sungatov and Ivan Kondratyev, also referred to as Bassterlord, with utilizing Lockbit ransomware to focus on victims in manufacturing, logistics, insurance coverage and different firms in 5 US states and Puerto Rico in addition to in semiconductor and different industries world wide.

Further felony expenses in opposition to Kondratyev had been unsealed on Tuesday associated to his use of ransomware in 2020 in opposition to a sufferer in California, the Justice division mentioned.

Each males had been additionally sanctioned by the US Treasury.

In November final yr, Lockbit printed inside knowledge from Boeing, one of many world’s largest defence and house contractors, and mentioned the US arm of China’s ICBC had paid a ransom following an assault that disrupted trades within the US Treasury market.

In early 2023, Britain’s Royal Mail confronted extreme disruption after an assault by the group.

Ransomware is malicious software program that encrypts knowledge; Lockbit and its associates makes cash by coercing its targets into paying ransom to decrypt or unlock that knowledge with a digital key.

The gang’s digital extortion instruments have been used in opposition to a number of the world’s largest organisations in latest months.

Its associates are like-minded felony teams that Lockbit recruits to wage assaults utilizing these instruments.

These associates perform the assaults, and supply Lockbit a reduce of the ransom, which is often demanded within the type of cryptocurrency, making it tougher to hint.

Operation Cronos seized 34 of Lockbit’s servers, arrested two members of the gang, froze 200 cryptocurrency accounts and closed 14,000 “rogue accounts” used on-line to launch Lockbit’s operations, the police companies mentioned.

Lockbit has precipitated financial losses totalling billions, the NCA’s Biggar mentioned, to companies who not solely needed to pay ransom funds but in addition needed to shoulder the price of getting their programs again on-line.

Earlier than it was taken down, Lockbit’s web site displayed an ever-growing gallery of sufferer organisations that was up to date almost every day.

Subsequent to their names had been digital clocks that confirmed the variety of days left to the deadline given to every organisation to supply ransom fee.

On Tuesday, the Lockbit leak web site had been remodeled by the NCA, FBI and Europol right into a leak website in regards to the felony gang itself, onto which worldwide police companies printed inside knowledge from contained in the group, and countdown clocks threatening to disclose upcoming sanctions and the id of Lockbit’s ringleader “LockbitSupp”.

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