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Tuesday, 20 February 2024 / Published in Woo on Tech

A win for the good guys

Long-time readers will notice that it is pretty rare for me to post good news to this blog. I’m sure good technology things happen every day, but we don’t get called when something is working properly, and the mainstream media usually don’t report on anything but bad news. Fortunately for us – because let’s face it, we are sorely in need of “W’s” in the fight against cybercrime – a prominent hacking group responsible for thousands of cyberattacks worldwide resulting in more than $120M in ransom payments has been dismantled by a joint law enforcement operation led by the UK and US. The action resulted in what they are calling a complete dismantling of the APT (advanced persistent threat) known as Lockbit.

What this means for you

On top of seizing control of nearly all of Lockbit’s operational assets, including 34 servers, 200 cryptocurrency accounts and arresting 2 Russian nationals, they actually converted Lockbit’s own dark website into a “reverse” leak site that touted the task force’s takedown of the APT as well as posting their own countdowns to when additional data on the Lockbit crew would be leaked to the internet, turning a commonly used cybercrime tactic back on the criminals. Before the site was “pwned” by authorities, it was used by Lockbit to publish a list of its victims and ransom countdown timers.

This was no small effort – it required coordination between 10 countries and at least three major law enforcement agencies. It will hopefully result in some of the victims being able to recover encrypted data and maybe discourage some portion of the cybercriminal element from continuing operations, but let’s be realistic – this APT was one head of a massive hydra, and the assets neutralized were a fraction of the compromised computers and accounts used as zombies or command and control servers across the globe. In the above-mentioned “Operation Cronos” action 14,000 rogue accounts were shut down. For perspective, a cybercrime botnet was discovered in 2009 that was comprised of nearly two million computers. That number has likely been dwarfed many times over by now. It’s too early to declare victory by a longshot, but as the old proverb instructs, “How do you eat an elephant? One bite at a time.”

Image by Schäferle from Pixabay

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Tagged under: apt, cybercrime, security

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