Russia's LockBit Disrupted But Not Dead, Hacking Experts Warn [BNN Bloomberg (Canada)]
Orange (ORAN)
US:NYSE Investor Relations:
orange.com/en/investors/results-and-presentation
Company Research
Source: BNN Bloomberg
The takedown announced Tuesday of the Russia-linked hacking gang LockBit, which by some estimates has been responsible for a quarter of all ransomware attacks, represents what law enforcement agencies in the UK, US and Europe described as one of the heaviest blows they've ever dealt against criminal hackers. It comes after a relentless surge of major attacks in recent months by LockBit and other groups, who have created a global scourge by extorting victims by locking up their computer systems with encryption software and stealing their sensitive data. But the episode also highlights what those same authorities acknowledge is the never-ending nature of the fight against cybercrime. Even after hacking groups such as LockBit are dealt a devastating blow, they often quickly regroup and begin attacking again. “We have not arrested everyone related to LockBit — this is a long-term process,” Graeme Biggar, director general of the UK's National Crime Agency, said at a press conference i
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