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NCA, FBI Lead Operation to Dismantle Russia-Linked LockBit Ransomware Gang

Global Cybercrime Coalition Successfully Disrupts LockBit Syndicate's Network, Arrests Key Figures

  • By CS Web Desk
  • February 20, 2024
  • 11:56 pm
LockBit Ransomware Gang Dismantled
LockBit Ransomware Gang Dismantled | image source: wearedevlopers
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A major victory has been achieved in the ongoing battle against cybercrime as a global coalition, led by the National Crime Agency (NCA) and the Federal Bureau of Investigation (FBI), successfully dismantled the operational infrastructure of LockBit, a notorious ransomware syndicate with links to Russia.

The coalition’s coordinated efforts resulted in the capture of LockBit’s crucial “command and control” systems, dealing a significant blow to the group’s illicit activities. Collaborating agencies, including Europol and law enforcement bodies worldwide, played a pivotal role in executing the operation.

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Image Source: The Guardian

LockBit had gained notoriety in recent years for orchestrating high-profile cyberattacks and crypt-extortion schemes, targeting prominent entities such as Bangkok Airways, Accenture, and Canadian Government Services. In a notable incident, the syndicate breached Capital Health, an operator of major hospitals and medical facilities across the United States.

In a bold move, the coalition seized control of LockBit’s own website, displaying a disclaimer indicating its confiscation. The crackdown resulted in the apprehension of key figures associated with LockBit in Poland and Ukraine, with additional charges laid against two alleged affiliates in the United States. Despite these successes, two Russian nationals linked to the syndicate remain at large.

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Efforts to disrupt LockBit’s financial operations saw authorities freezing over 200 cryptocurrency accounts associated with the network, crippling its ability to profit from illicit activities.

Lockbit would publish stolen information on their blog

Now it’s the NCA's turn https://t.co/Y4dNMufFQ4 pic.twitter.com/0388ThuvMA

— CertiK Alert (@CertiKAlert) February 20, 2024

Furthermore, in a symbolic gesture, the coalition repurposed LockBit’s infamous ransomware countdown timer on their website to schedule the release of their own information, potentially including details about the syndicate’s leadership.

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In a related development, the U.S. Department of Justice (DOJ) recently issued indictments against Russian citizens Artur Sungatov and Ivan Kondratyev, accusing them of orchestrating LockBit ransomware attacks on American targets. This move underscores the ongoing legal actions being taken against the ransomware group, signaling a decisive crackdown on cybercriminal activities worldwide.

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Disclaimer: Clout Scoop, an independent web-3 media company, delivers real-time news and insights on global trends, cryptocurrencies, stocks, and NFTs for informational purposes only. We want to clarify that our content does not constitute financial advice, and neither Clout Scoop nor our journalists endorse or recommend specific financial actions. We do not solicit funds, provide investment recommendations, or offer financial advice that involves monetary transactions. Readers are encouraged to conduct their own research and seek professional guidance before making any financial decisions. It is important to note that any investment-related decisions made based on our articles are at the reader's own risk, and Clout Scoop and our journalists bear no responsibility for the outcomes. We appreciate our readers' discernment and advocate for a prudent and informed approach to financial matters.

CS Web Desk

CS Web Desk

Desk reports from the independent web-3 media company Clout Scoop that provides real-time news and information about global trends, crypto, stocks, NFTs, and more.

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