Hackers are exploiting ConnectWise flaws to deploy LockBit ransomware, security experts warn

Security experts are warning that a pair of high-risk flaws in a popular remote access tool are being exploited by hackers to deploy LockBit ransomware — days after authorities announced that they had disrupted the notorious Russia-linked cybercrime gang. Researchers at cybersecurity companies Huntress and Sophos told TechCrunch on Thursday that both had observed LockBit … Read more

The Notorious Lockbit Ransomware Gang Has Been Disrupted by Law Enforcement

For the past four years, the LockBit ransomware group has been on an unrelenting rampage, hacking into thousands of businesses, schools, medical facilities, and governments around the world—and making millions in the process. A children’s hospital, Boeing, the UK’s Royal Mail, and sandwich chain Subway have all been recent victims. But LockBit’s hacking campaign has … Read more

‘Prolific’ LockBit ransomware group loses its keys to a global takedown

Enforcers from the US and UK disrupted a ransomware group they say has targeted more than 2,000 victims and taken over $120 million in ransom payments. They even got the keys from seized LockBit assets to access data that was encrypted after the group’s attacks, the US Department of Justice announced in a press release … Read more

US sanctions LockBit members after ransomware takedown

The U.S. government has sanctioned two key members of LockBit, the Russian-speaking hacking and extortion gang accused of launching ransomware attacks against victims across the U.S. and internationally. In a post on Tuesday, the U.S. Treasury confirmed it is sanctioning two Russian nationals, Artur Sungatov and Ivan Gennadievich Kondratiev. Sungatov and Kondratiev were separately indicted … Read more

LockBit claims cyberattack on Indian broker Motilal Oswal

The prolific ransomware gang LockBit has claimed responsibility for hacking one of India’s top brokerage firms, Motilal Oswal. Indian authorities say they are aware and investigating the incident. On Tuesday, LockBit added the Indian brokerage giant Motilal Oswal to its dark web leak site, according to the listing seen by TechCrunch. Cybercriminal groups often use … Read more

Feds catch one other LockBit hacker, Justice Division publicizes

The Justice Division has arrested and charged a Russian nationwide for his alleged position in a number of LockBit ransomware assaults in opposition to victims within the U.S. and all over the world. Based on a felony criticism unsealed on Thursday, 20-year-old Ruslan Magomedovich Astamirov is accused of finishing up 5 cyberattacks between August 2020 … Read more