Global Police Operation Disrupts LockBit Ransomware Group with 2 Arrests

Law enforcement agencies from the UK, US, and Europe have disrupted the prolific ransomware group LockBit, arresting two individuals and seizing 200 cryptocurrency accounts. The operation resulted in comprehensive access to LockBit's systems, including infrastructure control and decryption keys for victims. The syndicate, which has extracted $120 million from thousands of victims worldwide, has been linked to attacks on organizations such as the UK's Royal Mail, Boeing, and China's ICBC. While this operation is a significant blow to LockBit, cybersecurity experts caution that ransomware groups often rebrand and re-emerge under new names.