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Lockbit 3.0
December 19 , 2023
346 days
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- The US division of China’s biggest lender the Industrial and Commercial Bank of China was recently hit by a ransomware attack.
- Ransomware named Lockbit 3.0 was behind the attack.
- LockBit 3.0 was created by Lockbit, a group which effectively sells its malware on the dark web.
- Lockbit 3.0 is the most popular strain of ransomware, accounting for around 28 per cent of all known attacks from July 2022 to June 2023.
- Ransomware is a type of malicious software, that either blocks access to, or threatens to publish sensitive data until the victim pays a ransom fee to the attacker.
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