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Ars Technica · Securitypublished ()ingested

Member of LockBit ransomware group sentenced to 4 years in prison

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Full article339 words · extracted from arstechnica.com · click to collapse

Last month, the FBI said that it and partner law enforcement agencies around the world struck a major blow at LockBit by seizing most of the server infrastructure the group used to coordinate attacks and make ransom demands to victims. The takedown occurred after law enforcement agents gained the highest levels of system access to a LockBit system and the main web panel LockBit operators used to communicate.

Authorities said they seized control of 14,000 accounts and 34 servers located in the Netherlands, Germany, Finland, France, Switzerland, Australia, the US, and the UK. Two LockBit suspects were arrested in Poland and Ukraine, and five indictments and three arrest warrants were issued. Authorities also froze 200 cryptocurrency accounts linked to the ransomware operation.

Two days later, researchers detected a new round of attacks that spread LockBit ransomware. A few days after that, a key LockBit member published a post that said law enforcement had taken down only some of the group’s infrastructure. LockBit members opened a new dark web site that claimed to have hacked several new victims. The new activity has raised concerns among some that LockBit remained viable.

Last week, journalist Valéry Marchive said that most of the hacks claimed on the new site were recycled from previous events in 2022, 2023, and 2024. “The data leaked by the LockBit 3.0 franchise does not appear to be the result of cyber attacks carried out by a very large number of shackles,” Marchive wrote. LockBit 3.0 was a reference to the newly revived group as claimed on the new dark web site.

Michelle Fuerst, the judge presiding over Vasiliev’s case, said during Tuesday’s sentencing that Vasiliev was a “cyber-terrorist” whose actions were “planned, deliberate, and coldly calculated,” according to CTVNews. The judge reportedly also said that the defendant’s actions were “far from victimless crimes” and that he was “motivated by his own greed.”

An attorney representing the defendant said: “Mikhail Vasiliev took responsibility for his actions, and that played out in today’s courtroom with the sentence that was imposed.”

Text extracted automatically; images, tables and formatting may be missing. Original: https://arstechnica.com/security/2024/03/member-of-lockbit-ransomware-group-sentenced-to-4-years-in-prison/