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

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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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. The date of data publication on the leak sites may be months after LockBit affiliates actually executed ransomware attacks.

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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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The Week in Cyber Security and Data Privacy: 12 – 18 February 2024

IT Governance

Source New Manufacturing USA Yes 20,415 TECA Srl Source New Transport Italy Yes 16.7 Known records breached Zenlayer Source New Telecoms USA Yes 384,658,212 ASA Electronics Source New Engineering USA Yes 2.7 Known records breached Zenlayer Source New Telecoms USA Yes 384,658,212 ASA Electronics Source New Engineering USA Yes 2.7

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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. Anomaly detection: Some manufacturers have zero-defect goals. I previously led technical teams that helped customers with their AI implementations.

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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.” “In securing the arrest of a second Russian national affiliated with the LockBit ransomware, the Department has once again demonstrated the long arm of the law.