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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. on January 5, 2020.

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Resecurity Released a 2024 Cyber Threat Landscape Forecast

Security Affairs

Bad actors will leverage these regulations as tools for manipulation and extortion, echoing the tactics employed by certain ransomware operators who threaten victims with GDPR compliance violations and regulatory fines.

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

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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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. Discover the current and emerging use cases for AI in waste management, optimization, energy reduction and ESG reporting. Where to next?

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Infosource Global IDP Vertical Market Analysis 2023-2024 Update

Info Source

Additionally, some sectors actively contribute to IDP development, with governments playing a key role through funding and directives, and infrastructure providers like Telecom and Energy companies enabling digital transformation. The Banking and Financial Services sector tops the opportunity list, followed by the Insurance sector.