lockbit
US charges Russian-Israeli as suspected LockBit ransomware coder
The US Department of Justice has charged a Russian-Israeli dual-national for his suspected role in developing malware and managing the infrastructure for the notorious LockBit ransomware group. According to a criminal complaint unsealed today in the District of New Jersey, Rostislav Panev, 51, a dual Russian and Israeli national, allegedly helped develop LockBit ransomware encryptors and a custom […]
Top 10 Cyber Security Threats of 2024
Introduction The aim of this blog is to highlight the 2024 global cybersecurity trends that defenders can study to prepare themselves for the threats of 2025. The Top 10 Cyber Threats of 2024 had several interesting themes, such as aggressive cyber espionage campaigns from Russia and China, new cases of state-sponsored cybercrime from Iran and […]
Two Russians Convicted for Role in LockBit Attacks
Two Russian nationals have pleaded guilty to their participation in the notorious LockBit ransomware gang, the US Department of Justice (DoJ) has announced. Ruslan Magomedovich Astamirov, aged 34, and Mikhail Vasiliev, aged 34, pleaded guilty to a range of charges related to their involvement as affiliates to the ransomware-as-a-service (RaaS) group. Astamirov pleaded guilty to […]
CyberSecurity Alert: $5.2 Million Ransomware Demand Hits New High in 2024
In the first half of 2024, ransomware attacks continued to wreak havoc globally, with a startling average extortion demand exceeding $5.2 million (£4.1 million) per incident, as revealed by a comprehensive study from Comparitech. This unsettling statistic stems from an analysis of 56 documented ransom demands issued by cyber threat actors between January and June […]