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Home News

NCA Identifies LockBit Ransomware Leader

May 7, 2024
Reading Time: 3 mins read
in News
NCA Identifies LockBit Ransomware Leader

The UK’s National Crime Agency (NCA) has made a significant breakthrough in the fight against cybercrime by revealing the identity of the leader of the notorious LockBit ransomware group. This ransomware-as-a-service (RaaS) operation has been behind numerous high-profile cyberattacks since its emergence in 2019, targeting sectors such as healthcare, education, and government, and causing extensive financial and operational damage. The leader, known by the online alias “LockBitSupp,” has been identified as Dmitry Khoroshev. Under Khoroshev’s leadership, LockBit has executed a series of devastating attacks, responsible for 44% of all global ransomware incidents in early 2023 and extorting over $91 million in ransom payments.

The NCA’s successful infiltration of LockBit’s network and seizure of their infrastructure, source code, and decryption keys have dealt a crippling blow to the ransomware gang. This operation, codenamed Operation Cronos, was a collaborative effort involving the FBI, Europol, and other international partners. The NCA has taken control of LockBit’s dark web leak site, using it to post daily updates and expose the gang’s operations and affiliates further. Despite these successes, the NCA Director General Graeme Biggar emphasized that the work is far from over, as many of LockBit’s affiliates remain at large, continuing to pose a threat.

Recent investigations revealed that Khoroshev had been using an email account hosted on Apple’s iCloud service, further illustrating the sophisticated measures taken by cybercriminals to conceal their identities. The NCA, assisted by the FBI and law enforcement from nine other countries, has imposed sanctions on Khoroshev, including asset freezes and travel bans, coordinated by the UK, US, and Australia. The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Australian Department of Foreign Affairs played key roles in these efforts.

While the identification and sanctioning of Khoroshev mark a significant victory in the global battle against ransomware, the fight is far from over. Organizations worldwide must remain vigilant in securing their networks against the ever-evolving ransomware threat. Actions like these are crucial steps forward in securing cyberspace and protecting against future cyber threats.

Reference:
  • NCA and International Partners Dismantle LockBit Ransomware Operation Leader
Tags: Cyber NewsCyber News 2024Cyber threatsCybersecurityLockBitLockBitSUppMay 2024National Crime AgencyRansomwareUnited Kingdom
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