LockBit Ransomware Group:
The U.S. Department of Justice (DOJ) has recently announced a $10 million reward for information leading to the apprehension of Dimitry Yuryevich Khoroshev, an alleged creator of the LockBit ransomware group.
- FBI Director Christopher Wray emphasized the agency’s commitment to disrupting ransomware organizations.
- The substantial reward underscores the severity of Khoroshev’s alleged crimes and the urgency in bringing him to justice.
- LockBit ransomware is a malicious software designed to block user access to computer systems in exchange for a ransom payment.
- LockBit automatically vets valuable targets, spreads the infection, and encrypts all accessible computer systems on a network.
- It primarily targets enterprises and government organizations rather than individuals.
- LockBit operates as a Ransomware-as-a-Service (RaaS) model.RaaS is a business model where cybercriminals create and distribute ransomware, allowing other individuals (affiliates) to use it for their attacks.
