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Third member of LockBit ransomware gang has been arrested
LockBit is believed tobe responsible for at least $500 million in ransom payments alone.
U.S. prosecutors in New Jersey on Friday publicly announced charges against Rostislav Panev, 51, a dual Russian-Israeli national accused of being a key developer in the LockBit ransomware gang. LockBit is one of the most prolific ransomware gangs, accused of launching crippling data-stealing cyberattacks at thousands of companies around the world, including the U.S., and thought to be responsible for at least $500 million in ransom payments alone. Authorities identified and seized LockBit’s infrastructure in a February takedown operation, but LockBit briefly bounced back as its leader, named by U.K. and U.S. authorities as Dmitry Khoroshev, remains at large.
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