Connect with us

Hi, what are you looking for?

Tech News

US indicts LockBit ransomware ringleader, offers $10 million reward

A matrix of green binary code flows down in the background of a laptop computer with a green-hued image of the US Capitol building
Illustration by Amelia Holowaty Krales / The Verge

The Department of Justice has unsealed charges against a Russian national accused of developing and administrating LockBit ransomware. In a filing on Tuesday, the DOJ claims the 31-year-old Dmitry Yuryevich Khoroshev helped make LockBit one of “the most prolific and destructive ransomware group[s] in the world.”

Khoroshev has allegedly had involvement in LockBit since it first emerged in September 2019. Over the years, LockBit ransomware attacks have claimed over 2,500 victims in at least 120 countries, with Khoroshev and other co-conspirators allegedly collecting at least $500 million in ransom payments.

Image: UK National Crime Agency

US and UK authorities seized LockBit’s data leak site in February.

LockBit…

Continue reading…

You May Also Like

Editor's Pick

James Bacchus Is President Joe Biden more interested in fighting climate change or in sheltering domestic industries from foreign competition? We will find out...

Editor's Pick

In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Gina Martin Adams, CMT CFA of Bloomberg Intelligence. David highlights a spike higher in the...

Editor's Pick

Thomas A. Berry In the First Step Act of 2018, Congress significantly altered how mandatory minimum penalties attach to repeat violations of section 924(c),...

Politics

Republicans are significantly more enthusiastic about the 2024 election rematch between President Biden and former President Donald Trump than either Democrats or independent voters,...