The gang is known for holding victimsdatato ransom and providing ransomware-as-a-service, whereby it licenses malware to otherhackers.

LockBit has seen rapid growth since its emergence in 2019.

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Cybercrime hunters disrupt ‘most active ransomware group ever’

Jake Moore, Global Cybersecurity Advisor at ESET, praised the task forces collaborative approach.

Story byIoanna Lykiardopoulou

Ioanna is a writer at TNW.

With a background in the humanities, she has a soft spot for social impact-enabling technologies.

Ioanna Lykiardopoulou

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