Cops dismantled LockBit before latest variant hit market The Register

Law enforcement's disruption of the LockBit ransomware crew comes as the criminal group was working on bringing a brand-new variant to market, research reveals.
As part of the daily LockBit leaks this week, Trend Micro's report on the group, published today, analyzed a cross-platform version researchers believe was being designed to succeed the most recent LockBit 3.0 iteration.
Unlike rivals ALPHV/BlackCat and others in the space, LockBit didn't opt for one of the trendier memory-safe languages like Rust for its latest locker.
NET for the code and CoreRT for the compiler - a choice Trend Micro says would have allowed it to target more platforms with a single program.
Before being taken down this week, LockBit had multiple different variants written in C/C++, including specific ones for Linux and VMware ESXi systems, so the switch to.
Long-term infosec watchers among The Reg readership will remember the numerous times over the years when ransomware groups have dealt with disgruntled members leaking their code.
In September 2022 its builder was leaked, believed to be caused by a developer within the group's ranks.
The incident led to a number of copycat gangs that got their hands on LockBit's code to launch attacks pretending to be them.
The in-development variant showed signs of LockBit trying to counter this with a new expiry date.
Each version shipped to affiliates would have a hardcoded date range within which the program would work, presumably to limit the effectiveness of the variant if it was leaked or stolen.
Given that LockBit-NG-Dev is still a work in progress, it isn't as fully featured as the official versions that came before it.
It also retains many features from the previous version, such as an embedded configuration to decide the executed routines and an ability to terminate processes and services that could prevent the payload from running or files from encrypting.
LockBit-NG-Dev supports multiple encryption modes, just like its predecessors.
Sophos said at the time that a partially encrypted document statistically looks very similar to a non-encrypted one, meaning some ransomware security solutions may not be alerted to ongoing encryption of files.
The latest variant is by no means considered the finished article, and although authorities did a comprehensive job dismantling LockBit, its leaders may likely continue to operate.
Three major arrests have been made this week and that shows great progress, but it doesn't make much of a dent into the near-200 list of affiliates LockBit had on its books.
Without arresting key leaders of the organized crime group, they may well return under a new brand name just as others have in the recent years, protected from the US's indictments by a Russian state that turns a blind eye to ransomware gangs, provided they don't turn on their own.
The.NET variant could well hint at the future of LockBit's leadership and the tools used by the next big ransomware gang on the scene.
Trend Micro's researchers believe this new variant could have formed the basis of what would have been LockBit 4.0, so it's not a stretch to assume it may be used by another gang in years or even months to come.


This Cyber News was published on go.theregister.com. Publication date: Thu, 22 Feb 2024 20:13:06 +0000


Cyber News related to Cops dismantled LockBit before latest variant hit market The Register

CVE-2021-41769 - A vulnerability has been identified in SIPROTEC 5 6MD85 devices (CPU variant CP300) (All versions < V8.83), SIPROTEC 5 6MD86 devices (CPU variant CP300) (All versions < V8.83), SIPROTEC 5 6MD89 devices (CPU variant CP300) (All versions < ...
4 years ago
U.S. Joins U.K. to Seize LockBit Site, Disrupt Massive Ransomware Variant - The U.S. Department of Justice has partnered with the United Kingdom and international law enforcement partners in London today to announce the disruption of the LockBit ransomware group. The LockBit ransomware group is one of the most active ...
1 year ago Americansecuritytoday.com LockBit
Cops dismantled LockBit before latest variant hit market The Register - Law enforcement's disruption of the LockBit ransomware crew comes as the criminal group was working on bringing a brand-new variant to market, research reveals. As part of the daily LockBit leaks this week, Trend Micro's report on the group, ...
1 year ago Go.theregister.com LockBit
Hubris May Have Contributed to Downfall of Ransomware Kingpin LockBit - For all its vaunted success, the LockBit ransomware operation appears to have already been beset by problems when an international law enforcement effort led by the UK's National Crime Agency shut it down this week. Though it's likely that the dozens ...
1 year ago Darkreading.com LockBit Ragnar Locker
Feds Seize LockBit Ransomware Websites, Offer Decryption Tools, Troll Affiliates - U.S. and U.K. authorities have seized the darknet websites run by LockBit, a prolific and destructive ransomware group that has claimed more than 2,000 victims worldwide and extorted over $120 million in payments. Instead of listing data stolen from ...
1 year ago Krebsonsecurity.com LockBit
LockBit Ransomware Targets German Energy Agency Dena - Dena, the reputed German Energy Agency, is said to have fallen victim to the notorious LockBit ransomware group. The Dena cyberattack was revealed through a post on the threat actor's dark web platform, where they disclose data breach incidents and ...
2 years ago Heimdalsecurity.com LockBit
Police arrest four suspects linked to LockBit ransomware gang - Previous arrests of Lockbit ransomware actors (some of them already charged for various offenses) include Mikhail Pavlovich Matveev (aka Wazawaka) in May 2023, Artur Sungatov and Ivan Gennadievich Kondratiev (aka Bassterlord) in February 2024, and ...
1 year ago Bleepingcomputer.com LockBit
LockBit attacks continue via ConnectWise ScreenConnect flaws - Exploitation of two critical ConnectWise vulnerabilities continues to mount, with many attacks attributed to ransomware gangs such as LockBit. Last month, ConnectWise disclosed an authentication bypass vulnerability, tracked as CVE-2024-1708, that ...
1 year ago Techtarget.com CVE-2024-1708 CVE-2024-1709 LockBit
Copycat Criminals mimicking Lockbit gang in northern Europe - Recent reports of Lockbit locker-based attacks against North European SMBs indicate that local crooks started using Lockbit locker variants. During the past months, the Lockbit gang reached very high popularity in the underground ecosystem. The ...
3 years ago Securityaffairs.com LockBit
China's biggest lender ICBC hit by ransomware attack - Industrial and Commercial Bank of China Ltd Nov 10 - The Industrial and Commercial Bank of China's U.S. arm was hit by a ransomware attack that disrupted trades in the U.S. Treasury market on Thursday, the latest in a string of victims ...
2 years ago Reuters.com LockBit
LockBit claim about hacking U.S. Federal Reserve fizzles - The LockBit ransomware gang claimed it had breached the U.S. Federal Reserve, but it ultimately leaked data belonging to a single bank. On June 23, LockBit listed the U.S. Federal Reserve on its data leak site and claimed to have obtained roughly 33 ...
1 year ago Techtarget.com LockBit
LockBit Ransomware Gang's Website Shut Down - The U.K. National Crime Agency's Cyber Division, the FBI and international partners have cut off ransomware threat actors' access to LockBit's website, which has been used as a large ransomware-as-a-service storefront. According to CISA, LockBit was ...
1 year ago Techrepublic.com LockBit
Law enforcement trolls LockBit, reveals massive takedown - In an act of exquisite trolling, the UK's National Crime Agency has announced further details about its disruption of the LockBit ransomware group by using the group's own dark web website. Since the demise of Conti in 2022, LockBit has been ...
1 year ago Malwarebytes.com LockBit Cloak
Alleged Russian LockBit developer extradited from Israel, appears in New Jersey court | The Record from Recorded Future News - Since December, Justice Department officials have sought Panev’s extradition after a criminal complaint was unsealed last year accusing him of acting as a developer of the LockBit ransomware from 2019 to at least February 2024. The dual ...
10 months ago Therecord.media LockBit
Police unmask Aleksandr Ryzhenkov as Evil Corp member and LockBit affiliate - Western authorities on Tuesday named Russian national Aleksandr Ryzhenkov as one of the main members of the Evil Corp cybercrime group, as well as identifying him as an affiliate of the LockBit group. At the same time as identifying Ryzhenkov as one ...
1 year ago Therecord.media LockBit
LockBit lied: Stolen data is from a bank, not US Federal Reserve - Recently-disrupted LockBit ransomware group, in what appears to be a desperate attempt to make a comeback, claimed this week that it had hit US Federal Reserve, the central bank of the United States. The tall claim was followed up with LockBit ...
1 year ago Bleepingcomputer.com LockBit
The Impact of LockBits New ContiBased Encryptor on Ransomware - The LockBit ransomware gang has recently started using a new encryptor, called LockBit Green, which is based on the source code of the now-defunct Conti ransomware gang. This follows the gang's previous iterations of their encryptor, which began with ...
3 years ago Heimdalsecurity.com LockBit
Law enforcement agencies arrest 4 alleged LockBit members | TechTarget - Authorities arrested four suspected members of the LockBit ransomware gang during the third phase of the international law enforcement effort dubbed Operation Cronos. Operation Cronos' efforts to disrupt the LockBit ransomware gang continue as ...
1 year ago Techtarget.com LockBit
Police arrested four new individuals linked to the LockBit ransomware operation - “Europol supported a new series of actions against LockBit actors, which involved 12 countries and Eurojust and led to four arrests and seizures of servers critical for LockBit’s infrastructure.” reads the press release published by ...
1 year ago Securityaffairs.com LockBit
'Corrupt' cop jailed for tipping off pal to EncroChat op The Register - A British court has sentenced a "Corrupt" police analyst to almost four years behind bars for tipping off a friend that officers had compromised the EncroChat encrypted messaging app network. Natalie Mottram, 25, of Warrington, England, was sent down ...
2 years ago Theregister.com
What is Lockbit Ransomware? The Most Essential Things You Need to Know - Lockbit ransomware is one of the latest malware threats to hit the cybersecurity world. It has been seen in several major ransomware attacks, including the attack on the software maker Nuance Communications. Lockbit is a particularly dangerous strain ...
3 years ago Tripwire.com LockBit
LockBit Remains Top Global Ransomware Threat - The LockBit ransomware strain continues to be the primary digital extortion threat to all regions, and almost all industries globally, according to a report by ZeroFox. Researchers found that LockBit was leveraged in more than a quarter of global ...
2 years ago Infosecurity-magazine.com LockBit
Suspected LockBit ransomware dev extradited to United States - Panev remained an active member of LockBit ransomware's core team until February 2024, when an international law enforcement operation led by the UK's National Crime Agency (NCA) and the FBI severely disrupted the cybercrime organization. Panev has ...
10 months ago Bleepingcomputer.com LockBit Inception
LockBit targets hospitals - We did not see much research released on ransomware this week, with most of the news focusing on new attacks and LockBit affiliates increasingly targeting hospitals. These attacks include ones against Yakult Australia and the Ohio Lottery by the new ...
2 years ago Bleepingcomputer.com 8base LockBit Dragonforce
Revenue from Darknet Markets Dropped to 13 Billion in 2022 - The amount of money earned by darknet markets decreased from $2.6 billion in 2021 to $1.3 billion in 2022, according to a new study. Researchers from blockchain analysis firm Chainalysis attributed much of the decline to the closure of Hydra Market, ...
3 years ago Therecord.media