Lockbit, the notorious ransomware group famous for executing complex cyberattacks that lock victims’ data and extort large ransoms in return for the decryption keys.
Operating since at least 2019, Lockbit primarily targets large organizations, including businesses, healthcare institutions, and government entities. The group is notorious for its “Ransomware-as-a-Service” model, where developers provide the ransomware tools to affiliates, who then carry out attacks and share the proceeds with the creators.
Several prominent organizations have been impacted by Lockbit attacks:
- Accenture (2021): The global consulting firm Accenture was targeted by the Lockbit group, leading to a breach of internal systems. Although Accenture reportedly contained the incident quickly, the attack highlighted the vulnerability of high-profile, multinational firms to ransomware attacks.
- Colombian Health Ministry (2021): The Colombian Health Ministry suffered a Lockbit attack during the COVID-19 pandemic. The attack disrupted health data systems, potentially compromising sensitive medical information at a time when health organizations were already under pressure.
- British Airways (2020): Lockbit was involved in an attack on British Airways, leading to significant operational disruption. Although not as widely reported as some other cases, the breach affected a major airline’s operations and highlighted the group’s ability to strike at critical industries.
- Cognizant (2020): The IT services company Cognizant became another high-profile victim of a Lockbit attack. The ransomware caused a major disruption to the company’s global operations, leading to a significant financial impact and damaging its reputation.
Rostislav Panev, a 51-year-old with dual nationality from Russia and Israel, is accused of being a developer for the LockBit ransomware group. The U.S. Justice Department has announced that he has been extradited from Israel to the United States.
Panev and the other developers were responsible for creating and maintaining the malware and infrastructure, while affiliates carried out the attacks, extorted ransoms, and shared the proceeds.
“Rostislav Panev’s extradition to the District of New Jersey makes it clear: if you are a member of the LockBit ransomware conspiracy, the United States will find you and bring you to justice,” said United States Attorney John Giordano.
Seven members of LockBit have been charged in New Jersey: Panev, Khoroshev, Vasiliev, Astamirov, Sungatov, Kondratyev, and Matveev. While Panev and Khoroshev face charges, Vasiliev and Astamirov have pleaded guilty and are awaiting sentencing. Sungatov, Kondratyev, and Matveev, who are also indicted, remain fugitives. A reward of $10 million was offered by the U.S. for information that could lead to their arrest.
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