Ransomware Rampage: LockBit 3.0 Still Reigns Despite Law Enforcement Crackdown

LockBit 3.0 continues to reign as the top ransomware gang despite a law enforcement crackdown, according to Unit 42. With 325 victims in the first half of 2024, they lead the pack in a year that has seen a 4.3% increase in ransomware infections.

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Hot Take:

If ransomware gangs were rock bands, LockBit 3.0 would be the Rolling Stones—still rocking arenas despite repeated attempts to break them up. Meanwhile, newer acts like 8base and Akira are trying to steal the spotlight, but LockBit remains the Mick Jagger of malware.

Key Points:

  • LockBit 3.0 remains the most prolific ransomware gang despite law enforcement takedowns.
  • Six groups accounted for more than half of all ransomware infections in the first half of 2024.
  • Unit 42’s analysis shows a 4.3% increase in ransomware posts year-over-year.
  • High-profile disruptions have temporarily impacted some gangs, but many quickly rebrand and return.
  • Newcomers like Brain Cipher are based on older ransomware codes like LockBit 3.0.

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