cross-posted from: https://monyet.cc/post/378426
Summary:
LockBit is a ransomware-as-a-service (RaaS) group that has been active since 2019.
The group is known for its aggressive tactics, including threatening to publish stolen data if victims do not pay the ransom.
However, a new report by Jon DiMaggio of Analyst1 claims that LockBit is having trouble publishing stolen data due to limitations in its backend infrastructure and available bandwidth.
DiMaggio says that LockBit has recently updated its infrastructure, but this is a gimmick to make it appear that the problem has been fixed.
As a result of these issues, LockBit’s reputation has been tarnished and some of its top affiliates have left for other ransomware groups.
It remains to be seen whether LockBit can address its infrastructure issues and regain its former prominence.
Additional details:
The group’s attacks have targeted a wide range of victims, including businesses, government agencies, and healthcare organizations.
LockBit typically demands a ransom of several million dollars in exchange for not publishing stolen data.
The group has a reputation for being very aggressive and has been known to follow through on its threats to publish stolen data.