LockBit

A ransomware attack on trading software supplier Ion Group – potentially the work of the infamous LockBit cartel – has caused chaos for City of London traders, leaving them unable to perform key duties. Ion is a critical component…

LockBit emerged at the end of 2019, first calling itself “ABCD ransomware.” Since then, it has grown rapidly. The group is a “ransomware-as-a-service” operation, meaning that a core team creates its malware and runs its website while…

The infamous LockBit ransomware cartel is suspected of being behind an ongoing cyber security incident at the UK’s Royal Mail, which has crippled IT systems and left the postal service unable to dispatch letters and parcels overseas.…

The LockBit ransomware cartel behind the recent Advanced Software – NHS attack continues to evolve and upgrade its locker malware, incorporating new wormable functionality that allows it to self-spread, making it easier to use, and…

Overall volumes of ransomware activity dropped somewhat during the third quarter of 2022 as the cyber criminal underground regrouped and refocused following the apparent demise of the Conti operation and the subsequent rise of…

Business management software supplier Advanced has revealed that a total of 16 customers in the health and social care sector had their data compromised in a ransomware attack on its systems that took place in August 2022, and has…

The recently updated LockBit 3.0 ransomware seems to have driven a substantial uptick in documented ransomware attacks in July, with incidents rising by 47% on a month-by-month basis, according to the latest monthly threat data…

The infamous ransomware-as-a-service group is offering money to researchers and hackers willing to share personal data for exploitation. Image: Piscine26/Adobe Stock In a new twist on the ransomware game, the LockBit…

In what is likely a world’s first, the operators of LockBit have added a bug bounty programme as they launch version 3.0 of their ransomware, offering pay-outs to those that discover vulnerabilities on their leak website and in their…

According to Sophos, the route of attack stemmed from vulnerabilities in the system’s open firewall ports. Image: nevarpp, Getty Images/iStockphoto New findings from cybersecurity company Sophos show some of the methods…