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LockBit encrypts the systems and threatens the data release if the ransom demands and sometimes reaching millions, aren't met, collaborating with affiliates.
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Global reach and notorious reputation:
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The group had targeted the Boeing and demanding ransom with a deadline, and released the files after Boeing did not pay, though the data authenticity is not verified.
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US Justice Department charged Russian nationals linked to LockBit, which claims to be a multinational enterprise based in the Netherlands.
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Experts warn LockBit’s attacks could escalate to critical US infrastructure breaches, referencing the 2021 Colonial Pipeline incident.
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Learn more about worldwide cyberattacks and protect your organization from emerging threats.
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