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Operation Cronos: law enforcement disrupted the LockBit operation

Security Affairs

Since January 2020, affiliates utilizing LockBit have targeted organizations of diverse sizes spanning critical infrastructure sectors such as financial services, food and agriculture, education, energy, government and emergency services, healthcare, manufacturing, and transportation.

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Cybersecurity agencies published a joint LockBit ransomware advisory

Security Affairs

& international partners, we published a joint advisory on LockBit Ransomware: [link] The advisory includes the common tools, exploitations, & TTPs used by LockBit affiliates. 16% of the State, Local, Tribal, and Tribunal (SLTT) government ransomware incidents reported to the MS-ISAC is 2022 were LockBit attacks.

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US GOV OFFERS A REWARD OF UP TO $15M FOR INFO ON LOCKBIT GANG MEMBERS AND AFFILIATES

Security Affairs

government offers rewards of up to $15 million for information that could lead to the identification or location of LockBit ransomware gang members and affiliates. LockBit had a bespoke data exfiltration tool, known as Stealbit, which was used by affiliates to steal victim data. ” reads the press release published by the U.S.

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A Russian national charged for committing LockBit Ransomware attacks

Security Affairs

We will continue to use every tool at our disposal to disrupt cybercrime, and while cybercriminals may continue to run, they ultimately cannot hide.” 16% of the State, Local, Tribal, and Tribunal (SLTT) government ransomware incidents reported to the MS-ISAC is 2022 were LockBit attacks. law enforcement).

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More details about Operation Cronos that disrupted Lockbit operation

Security Affairs

“LockBit had a bespoke data exfiltration tool, known as Stealbit, which was used by affiliates to steal victim data. The LockBit ransomware operation operated under a Ransomware-as-a-Service (RaaS) model, recruiting affiliates to carry out ransomware attacks through the utilization of LockBit ransomware tools and infrastructure.

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How AI is helping companies meet sustainability goals

IBM Big Data Hub

AI tools like ChatGPT are grabbing headlines, but other AI techniques and tools specifically designed for enterprises are quietly helping companies meet their sustainability goals. On the other side, AI streamlines processing information already compiled in environmental, social, and corporate governance (ESG) reports.

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Turning climate risks into business opportunities 

IBM Big Data Hub

In some business sectors, such as financial services, fast-moving consumer goods and healthcare, business interruptions can have a significant detrimental impact on daily life. Their state governments must order electricity for their citizens in advance, and they used to predict demand manually by using spreadsheets.

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