by AdrianaAMLP | Feb 20, 2024
LockBit was responsible for the November 2023 ransomware attack against the Industrial and Commercial Bank of China’s (ICBC) U.S. broker-dealer. This action is the first in an ongoing collaborative effort with the U.S. Department of Justice, Federal Bureau of...
by Jyotsna Bucktowar | Feb 20, 2024
LockBit and its affiliates caused billions of dollars in damage and extracted tens of millions in ransom from their victims. The NCA has taken control of LockBit’s primary administration environment, which enabled affiliates to build and carry out attacks, and the...
by AdrianaAMLP | Mar 14, 2023
The report analyses the methods that criminals use to carry out their ransomware attacks and how payments are made and laundered. Criminals are almost exclusively using crypto, or virtual assets and have easy access to virtual asset service providers around the...
by AdrianaAMLP | Nov 8, 2021
FinCEN updates advisory on Ransomware and the use of the financial system to facilitate ransom payments. The advisories addressed red flags, reporting requirements, and potential sanctions risks involved in making payments in response to ransomware...
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