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Operation Cronos: law enforcement disrupted the LockBit operation

Security Affairs

Return here for more information at: 11:30 GMT on Tuesday 20th Feb” The Operation Cronos operation is still ongoing and NCA’s announced that more information will be published tomorrow, February 20, 2024. In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023.

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FBI obtained 7,000 LockBit decryption keys, victims should contact the feds to get support

Security Affairs

” said Bryan Vorndran, the Assistant Director at the FBI Cyber Division, during the 2024 Boston Conference on Cyber Security. This call to action comes after law enforcement took down LockBit’s infrastructure in February 2024 in an international operation dubbed “ Operation Cronos.” continues the NCA.

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Russia-linked APT28 compromised Ubiquiti EdgeRouters to facilitate cyber operations

Security Affairs

. “As early as 2022, APT28 actors had utilized compromised EdgeRouters to facilitate covert cyber operations against governments, militaries, and organizations around the world.” Since September 2022, Moobot botnet was spotted targeting vulnerable D-Link routers. ” reads the joint report.

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News alert: Beazley reports on how AI, new tech distract businesses as cyber risk intensifies

The Last Watchdog

In 2024, it is predicted to remain at 27% whilst business preparedness for this risk continues to decline. Companies with an annual revenue of US$250,000 to US$999,999 report feeling less prepared to deal with cyber risks in 2023 (76%) than they did in 2022 (70%). Yet, boardroom focus on cyber risk appears to be diminishing.

Risk 189
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How one IBMer is creating a more sustainable future for the island where he grew up

IBM Big Data Hub

Through the IBM Sustainability Accelerator , a pro-bono social impact program, IBM volunteers donate their time, energy and expertise to help create lasting impact in communities around the world. The community relies on external sources for most of its energy supply, which could result in an increased costs to residents.

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More details about Operation Cronos that disrupted Lockbit operation

Security Affairs

pic.twitter.com/SvpbeslrCd — vx-underground (@vxunderground) February 19, 2024 The operation led to the arrest of two members of the ransomware gang in Poland and Ukraine and the seizure of hundreds of crypto wallets used by the group. In 2022, LockBit was one of the most active ransomware groups, and its prevalence continued into 2023.

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5 Major Cybersecurity Trends to Know for 2024

eSecurity Planet

Various forms of AI, such as machine learning (ML) and large language models (LLM), already dominated headlines throughout 2023 and will continue to present both overhyped possibilities and realized potential in 2024. In 2024, AI poisoning attacks will become the new software supply chain attacks.