LockBit Ransomware Operation Shut Down; Criminals Arrested; Decryption Keys Released

The U.K. National Crime Agency (NCA) on Tuesday confirmed that it obtained LockBit's source code as well as a wealth of intelligence pertaining to its activities and their affiliates as part of a dedicated task force called Operation Cronos. "Some of the data on LockBit's systems belonged to victims who had paid a ransom to the threat actors, evidencing that even when a ransom is paid, it

LockBit Ransomware's Darknet Domains Seized in Global Law Enforcement Raid

Update: The U.K. National Crime Agency (NCA) has confirmed the takedown of LockBit infrastructure. Read here for more details.An international law enforcement operation has led to the seizure of multiple darknet domains operated by LockBit, one of the most prolific ransomware groups, marking the latest in a long list of digital takedowns. While the full extent of the effort, codenamed 

3 Ransomware Group Newcomers to Watch in 2024

The ransomware industry surged in 2023 as it saw an alarming 55.5% increase in victims worldwide, reaching a staggering 4,368 cases.  Figure 1: Year over year victims per quarter The rollercoaster ride from explosive growth in 2021 to a momentary dip in 2022 was just a teaser—2023 roared back with the same fervor as 2021, propelling existing groups and ushering in a wave of formidable

Carbanak Banking Malware Resurfaces with New Ransomware Tactics

The banking malware known as Carbanak has been observed being used in ransomware attacks with updated tactics. "The malware has adapted to incorporate attack vendors and techniques to diversify its effectiveness," cybersecurity firm NCC Group said in an analysis of ransomware attacks that took place in November 2023. "Carbanak returned last month through new

Behind the Scenes of Matveev's Ransomware Empire: Tactics and Team

Cybersecurity researchers have shed light on the inner workings of the ransomware operation led by Mikhail Pavlovich Matveev, a Russian national who was indicted by the U.S. government earlier this year for his alleged role in launching thousands of attacks across the world. Matveev, who resides in Saint Petersburg and is known by the aliases Wazawaka, m1x, Boriselcin, Uhodiransomwar,

LockBit Ransomware Exploiting Critical Citrix Bleed Vulnerability to Break In

Multiple threat actors, including LockBit ransomware affiliates, are actively exploiting a recently disclosed critical security flaw in Citrix NetScaler application delivery control (ADC) and Gateway appliances to obtain initial access to target environments. The joint advisory comes from the U.S. Cybersecurity and Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI),

8Base Group Deploying New Phobos Ransomware Variant via SmokeLoader

The threat actors behind the 8Base ransomware are leveraging a variant of the Phobos ransomware to conduct their financially motivated attacks. The findings come from Cisco Talos, which has recorded an increase in activity carried out by the cybercriminals. “Most of the group’s Phobos variants are distributed by SmokeLoader, a backdoor trojan," security researcher Guilherme Venere said in an

LockBit 3.0 Ransomware Builder Leak Gives Rise to Hundreds of New Variants

The leak of the LockBit 3.0 ransomware builder last year has led to threat actors abusing the tool to spawn new variants. Russian cybersecurity company Kaspersky said it detected a ransomware intrusion that deployed a version of LockBit but with a markedly different ransom demand procedure. "The attacker behind this incident decided to use a different ransom note with a headline related to a

LockBit Ransomware Extorts $91 Million from U.S. Companies

The threat actors behind the LockBit ransomware-as-a-service (RaaS) scheme have extorted $91 million following hundreds of attacks against numerous U.S. organizations since 2020. That's according to a joint bulletin published by the U.S. Cybersecurity and Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI), the Multi-State Information Sharing and Analysis Center (MS-ISAC

Buhti Ransomware Gang Switches Tactics, Utilizes Leaked LockBit and Babuk Code

The threat actors behind the nascent Buhti ransomware have eschewed their custom payload in favor of leaked LockBit and Babuk ransomware families to strike Windows and Linux systems. "While the group doesn't develop its own ransomware, it does utilize what appears to be one custom-developed tool, an information stealer designed to search for and archive specified file types," Symantec said in a

Microsoft Warns of State-Sponsored Attacks Exploiting Critical PaperCut Vulnerability

Iranian nation-state groups have now joined financially motivated actors in actively exploiting a critical flaw in PaperCut print management software, Microsoft disclosed over the weekend. The tech giant's threat intelligence team said it observed both Mango Sandstorm (Mercury) and Mint Sandstorm (Phosphorus) weaponizing CVE-2023-27350 in their operations to achieve initial access. "This

Microsoft Confirms PaperCut Servers Used to Deliver LockBit and Cl0p Ransomware

Microsoft has confirmed that the active exploitation of PaperCut servers is linked to attacks that are designed to deliver Cl0p and LockBit ransomware families. The tech giant's threat intelligence team is attributing a subset of the intrusions to a financially motivated actor it tracks under the name Lace Tempest (formerly DEV-0950), which overlaps with other hacking groups like FIN11, TA505,

LockBit Ransomware Now Targeting Apple macOS Devices

Threat actors behind the LockBit ransomware operation have developed new artifacts that can encrypt files on devices running Apple's macOS operating system. The development, which was reported by the MalwareHunterTeam over the weekend, appears to be the first time a big-game ransomware crew has created a macOS-based payload. Additional samples identified by vx-underground show that the macOS

LockBit 3.0 Ransomware: Inside the Cyberthreat That's Costing Millions

U.S. government agencies have released a joint cybersecurity advisory detailing the indicators of compromise (IoCs) and tactics, techniques, and procedures (TTPs) associated with the notorious LockBit 3.0 ransomware. "The LockBit 3.0 ransomware operations function as a Ransomware-as-a-Service (RaaS) model and is a continuation of previous versions of the ransomware, LockBit 2.0, and LockBit,"

The Prolificacy of LockBit Ransomware

Today, the LockBit ransomware is the most active and successful cybercrime organization in the world. Attributed to a Russian Threat Actor, LockBit has stepped out from the shadows of the Conti ransomware group, who were disbanded in early 2022. LockBit ransomware was first discovered in September 2019 and was previously known as ABCD ransomware because of the ".abcd virus" extension first

New Analysis Reveals Raspberry Robin Can be Repurposed by Other Threat Actors

A new analysis of Raspberry Robin's attack infrastructure has revealed that it's possible for other threat actors to repurpose the infections for their own malicious activities, making it an even more potent threat. Raspberry Robin (aka QNAP worm), attributed to a threat actor dubbed DEV-0856, is a malware that has increasingly come under the radar for being used in attacks aimed at finance,

Russian-Canadian National Charged Over Involvement in LockBit Ransomware Attacks

The U.S. Department of Justice (DoJ) has announced charges against a dual Russian and Canadian national for his alleged participation in LockBit ransomware attacks across the world. The 33-year-old Ontario resident, Mikhail Vasiliev, has been taken into custody and is awaiting extradition to the U.S., where is likely to be sentenced for a maximum of five years in prison. Vasiliev has been

Amadey Bot Spotted Deploying LockBit 3.0 Ransomware on Hacked Machines

The Amadey malware is being used to deploy LockBit 3.0 ransomware on compromised systems, researchers have warned. "Amadey bot, the malware that is used to install LockBit, is being distributed through two methods: one using a malicious Word document file, and the other using an executable that takes the disguise of the Word file icon," AhnLab Security Emergency Response Center (ASEC) said in a

LockBit Ransomware Abuses Windows Defender to Deploy Cobalt Strike Payload

A threat actor associated with the LockBit 3.0 ransomware-as-a-service (RaaS) operation has been observed abusing the Windows Defender command-line tool to decrypt and load Cobalt Strike payloads.  According to a report published by SentinelOne last week, the incident occurred after obtaining initial access via the Log4Shell vulnerability against an unpatched VMware Horizon Server. "Once initial

Researchers Detail Techniques LockBit Ransomware Using to Infect its Targets

LockBit ransomware attacks are constantly evolving by making use of a wide range of techniques to infect targets while also taking steps to disable endpoint security solutions. "The affiliates that use LockBit's services conduct their attacks according to their preference and use different tools and techniques to achieve their goal," Cybereason security analysts Loïc Castel and Gal Romano said.

Evil Corp Cybercrime Group Shifts to LockBit Ransomware to Evade Sanctions

The threat cluster dubbed UNC2165, which shares numerous overlaps with a Russia-based cybercrime group known as Evil Corp, has been linked to multiple LockBit ransomware intrusions in what's seen as an attempt by the latter to get around sanctions imposed by the U.S. Treasury in December 2019. "These actors have shifted away from using exclusive ransomware variants to LockBit — a well-known