LockBit 3.0 Ransomware: Inside the Cyberthreat That's Costing Millions
Mar 18, 2023
Endpoint Security / Encryption
U.S. government agencies have released a joint cybersecurity advisory detailing the indicators of compromise (IoCs) and tactics, techniques, and procedures (TTPs) associated with the notorious LockBit 3.0 ransomware . "The LockBit 3.0 ransomware operations function as a Ransomware-as-a-Service (RaaS) model and is a continuation of previous versions of the ransomware, LockBit 2.0, and LockBit," the authorities said . The alert comes courtesy of the U.S. Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency (CISA), and the Multi-State Information Sharing & Analysis Center (MS-ISAC). Since emerging in late 2019, the LockBit actors have invested significant technical efforts to develop and fine-tune its malware, issuing two major updates — LockBit 2.0, released in mid-2021, and LockBit 3.0 , released in June 2022. The two versions are also known as LockBit Red and LockBit Black, respectively. "LockBit 3...