Global Takedown: LockBit Cybercrime Gang Indicted and Arrested

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Source: Reuters
Global Takedown: LockBit Cybercrime Gang Indicted and Arrested
Photo: Reuters
TL;DR Summary

An international law enforcement operation led by the UK's National Crime Agency and the FBI has resulted in the arrest and indictment of members of the Lockbit ransomware gang, known for targeting over 2,000 victims worldwide and receiving more than $120 million in ransom payments. The operation, dubbed "Operation Cronos," involved the seizure of Lockbit's infrastructure, the arrest of two gang members, and the freezing of 200 cryptocurrency accounts. The gang's website, previously used to display victim organizations and ransom deadlines, has been transformed by law enforcement agencies to expose internal data about the group and threaten upcoming sanctions and the identity of Lockbit's ringleader.

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