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Ukraine arrests father-son duo in Lockbit cybercrime bust
Reuters
·
1y ago
Medial
Ukrainian police have arrested a father-son duo linked to the cybercrime gang Lockbit, which was targeted by an international joint operation led by the UK's National Crime Agency and the FBI. The duo is accused of using ransomware to carry out attacks on enterprises, state institutions, and healthcare institutions in France. The arrests in Ukraine led to the seizure of over 200 cryptocurrency accounts and 34 servers used by the gang in multiple countries. Lockbit was known for extorting victims through its website, which would release data if a ransom was not paid.
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Lockbit cybercrime gang says it is back online following global police bust
Reuters
·
1y ago
Medial
Lockbit, a cybercrime gang known for ransomware attacks, has claimed to have restored its servers and resumed its illegal activities following a recent international police operation. The group's website was reportedly hacked by law enforcement, causing them to change their darkweb site. However, the British National Crime Agency has stated that Lockbit remains compromised and that their efforts to target and disrupt the group continue. The operation aimed to discredit Lockbit among its criminal affiliates who use the gang's tools for ransomware attacks. Last week, the US charged two Russian nationals in connection with deploying Lockbit ransomware.
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Lockbit cybercrime gang says it is back online following global police bust
Economic Times
·
1y ago
Medial
The Lockbit cybercrime gang, known for using ransomware to extort victims, has announced that its servers are back online following a recent international police operation that targeted the group. In a statement, the gang revealed that its website was hacked by law enforcement using a vulnerability in the PHP programming language. While Lockbit's darkweb site was compromised, its other servers with backup blogs continue to leak stolen data. Authorities remain determined to target and disrupt Lockbit, as they work to gather intelligence on the group and its affiliates.
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Singapore Real Estate Barons Plan Family Office in Abu Dhabi
Livemint
·
8m ago
Medial
The father and son duo behind a major Singapore property portfolio, Raj Kumar and Kishin RK, are establishing a family office in Abu Dhabi, joining a growing number of wealthy individuals who are turning to the Middle East as a hub for their wealth management. The entity, named RB Family Office, will focus on real estate investments in the retail, commercial, and hospitality sectors. Abu Dhabi offers attractive advantages such as an internationally recognized legal framework and less bureaucratic red tape compared to other jurisdictions.
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Neha Dhupia Backs D2C Dinnerware Brand BlackCarrot
Inc42
·
1y ago
Medial
Bollywood actor Neha Dhupia has acquired an equity stake in D2C dinnerware brand BlackCarrot. She has also been appointed as a brand ambassador for the startup. The father-son duo founders of BlackCarrot, Yadupati and Vishal Gupta, offer a range of health-conscious dinnerware products. The startup claims to have over 71 products currently and is yet to receive external funding. Dhupia's investment in BlackCarrot follows a trend of Bollywood actors investing in Indian startups, joining the likes of Ranveer Singh, Suniel Shetty, Shilpa Shetty Kundra, and Sanjay Dutt.
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Lockbit cybercrime gang disrupted by international police operation
Reuters
·
1y ago
Medial
The cybercrime gang Lockbit, known for holding victims' data for ransom, has been disrupted by the UK's National Crime Agency and the US's Federal Bureau of Investigation. The operation, part of "Operation Cronos," aims to combat the gang's extortion activities. Lockbit and its affiliates have targeted major organizations, stealing sensitive data and demanding ransom payments. Authorities describe Lockbit as the "Walmart of ransomware groups," running their operations like a business. The operation is ongoing, according to the agencies involved.
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After years of losing, it’s finally feds’ turn to troll ransomware group
Arstechnica
·
1y ago
Medial
International authorities have successfully taken down the infrastructure belonging to Lockbit, a notorious ransomware syndicate that has extorted over $120 million from victims worldwide. This move is considered a significant victory as it reverses the power dynamic between law enforcement and hackers, with authorities gaining control over the sites used by Lockbit to shame victims and pressure them into paying. The seized infrastructure also hosted decryptors for victims to retrieve their data. Authorities have seized 14,000 accounts, 34 servers, frozen 200 cryptocurrency accounts, and made several arrests and indictments linked to Lockbit.
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India ranks number 10 in cybercrime, study finds
Economic Times
·
1y ago
Medial
India ranks 10th in cybercrime, with advance fee payment frauds being the most common type, according to the World Cybercrime Index. The index compiled by an international team of researchers surveyed cybercrime experts worldwide and identified key hotspots for various types of cybercrime. Russia topped the list, followed by Ukraine, China, the US, Nigeria, and Romania. The study found that different countries specialize in different types of cybercrime, with India specializing in scams. The research aims to aid in the fight against profit-driven cybercrime by providing insights into the geography of cybercrime.
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Lockbit cybercrime gang disrupted by Britain, US and EU
Economic Times
·
1y ago
Medial
The notorious cybercrime gang Lockbit, known for extorting ransom from victims, has been disrupted by a joint operation involving the National Crime Agency, FBI, Europol, and other international law enforcement agencies. The gang's website is now under the control of the UK's National Crime Agency. Lockbit affiliates have targeted large organizations, stealing sensitive data and demanding ransom for its release. The group is believed to be based in Russia but has not professed support for any government. Lockbit is regarded as the top ransomware threat in the world, with significant attacks in industries ranging from financial services to government departments.
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US offers up to $15 mln for information on Lockbit leaders, State Dept says
Reuters
·
1y ago
Medial
The U.S. State Department has announced a reward of up to $15 million for information that leads to the identification or location of the leaders of Lockbit, a notorious cybercrime gang known for holding victims' data to ransom. This comes after the U.S., UK, and EU jointly disrupted the group in a rare international law enforcement operation. The reward is being offered for information that aids in the arrest or conviction of individuals involved in LockBit ransomware attacks, as well as the identification or location of key leaders within the group.
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Feds hack LockBit, LockBit springs back. Now what?
TechCrunch
·
1y ago
Medial
The LockBit ransomware group, which was recently targeted by law enforcement in a global operation, has returned to the dark web with a new leak site and new victims. The group's administrator admitted fault for the disruption but claimed that operations have now resumed. The law enforcement operation, dubbed "Operation Cronos," compromised LockBit's infrastructure, seized servers and cryptocurrency wallets, and made arrests. Despite law enforcement's claims of a successful takedown, LockBit has already targeted new victims and remains active. The ongoing cat-and-mouse game between law enforcement and ransomware groups means that these criminal operations can quickly regroup and rebrand.
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