Russian-Canadian National Charged Over Involvement in LockBit Ransomware Attacks

The U.S. Department of Justice has announced charges against a dual Russian and Canadian national for his alleged participation in LockBit ransomware attacks across the world.

Also found were a text file with instructions to deploy LockBit ransomware, the malware’s source code, and a website that’s believed to be the control panel operated by the group to administer the ransomware.

An analysis of bitcoin payments made to Vasiliev’s wallet purportedly uncovered the receipt of roughly 0.8BTC that originated from a ransom payment that was paid by a LockBit victim in February 2022 to a wallet address provided by the group.

According to statistics from Malwarebytes and NCC Group, LockBit has been linked to over 160 attacks in the months of September and October, with the group accounting for “Almost half of all RaaS activity.”

LockBit 3.0 constituted 35% of the total ransomware attacks targeting industrial organizations in Q3 2022, including chemicals, drilling, industrial supplies, and interior design firms, accounting for 45 out of 128 incidents tracked by Dragos during the time period.

“Since first appearing, LockBit has been deployed against at least as many as 1,000 victims in the United States and around the world,” the DoJ said.

Share this article on social media:

Subscribe to Our Newsletter!
Stay on top of cybersecurity risks, evolving threats and industry news.
This field is for validation purposes and should be left unchanged.

The Latest Cybersecurity News

From major cyberattacks, newly discovered critical vulnerabilities to recommended best practices, read it here first:
GET STARTED TODAY

Tell us About your Needs
Get an Answer the Same Business Day

Got an urgent request? Call us at 1-877-805-7475 or Book a meeting.

What happens next:

A Vumetric expert will contact you to learn more about your cybersecurity needs and goals.

The project's scope will be defined (Target environment, deadlines, requirements, etc.)

A detailed quote including all-inclusive pricing and statement of work is sent to you.

PCI-DSS
This field is for validation purposes and should be left unchanged.
2024 EDITION

PENETRATION TESTING Buyer's Guide

Everything You Need to Know

Gain confidence in your future cybersecurity assessments by learning to effectively plan, scope and execute projects.

BOOK A MEETING

Enter your Email Address

This field is for validation purposes and should be left unchanged.

* No free email provider (e.g: gmail.com, hotmail.com, etc.)

This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.