In a significant crackdown on cybercrime, international law enforcement agencies have successfully dismantled the LockBit ransomware group, a notorious cybercrime entity responsible for a substantial number of ransomware attacks globally. The operation led to the seizure of the group's servers and infrastructure, effectively preventing LockBit from regaining control. This takedown was highlighted by the exploitation of a vulnerability, CVE-2023-3824, which played a crucial role in compromising the group's operations. The LockBit group, identified as the largest ransomware threat, particularly in Britain, and responsible for 21% of all ransomware attacks in 2023, has been linked to an online attack on Georgia's Fulton County. This operation marks a significant victory for cybersecurity and is a result of collaborative efforts by various international partners, including the UK's National Crime Agency. Additionally, ransomware costs have surged to $1.1B in 2023, nearly doubling from the previous year, underlining the growing threat of cybercrime.
The takedown of Lockbit tor sites by law enforcement is a big deal. Our data shows that Lockbit was the biggest ransomware group, behind 21% of all attacks in 2023. Lockbit has attacked thousands of organizations over the last 5 years, and collected a fortune in ransom payments. https://t.co/pQvJtRTV3x
A notorious cyber crime group described by spies as the biggest ransomware threat to companies in Britain has been dismantled in an operation spearheaded by the National Crime Agency https://t.co/P5ctIVRe0B
Hacker website that aids cyber attacks taken over by UK-led law enforcement operation https://t.co/P9eRqYNo2B
NEW: A website selling services that allow people to organise cyber attacks and hold data until a ransom is paid appears to have been taken over by UK law enforcement. READ: https://t.co/pWb7bcsNDA https://t.co/aAdMWYonS9
Brilliant work by @NCA_UK & international partners - locking criminals out of their own ransomware website! #Cybersecurity helps keeps organisations & individuals safe, but it also has the potential to be a huge enabler of economic growth @NCSC https://t.co/DiVkSiNaBm
Hacker group's site taken over by law enforcement https://t.co/CDzPuHIDaX
In an exclusive interview, FBI cyber official tells @AJVicens that "LockBit will be unable to regain control of the servers the actors were using" after law enforcement seized infrastructure of the ransomware group. https://t.co/Qp2JdRDwwL
Lockbit ransomware group administration claims that law enforcement agencies compromised them by exploiting CVE-2023-3824 More information: https://t.co/28v1Yz4L7t
International law enforcement has taken down the dark web site tied to ransomware gang LockBit — which claimed responsibility for an online attack on Georgia's Fulton County, where the DA is pursing a case against Trump and others over the 2020 election https://t.co/g67joCGusv
Ransomware costs exceeded $1 billion for the first time in 2023, nearly doubling YoY from $567M in 2022. Costs are up 5x in 4 years, reaching $1.1B in 2023 from just $220M in 2019. $CRWD $PANW $ZS $S $MSFT https://t.co/pyeOMYzakz