Ransom Payments

Russian National Charged as Alleged Creator and Administrator of LockBit Ransomware Group

May 8, 2024

The U.S. Justice Department unveiled charges against a Russian individual accused of spearheading the LockBit ransomware group since its inception in September 2019. This individual, identified as Dimitry Yuryevich Khoroshev, is alleged to have orchestrated a scheme that propelled LockBit to notoriety, making it one of the world’s most prolific ransomware organizations. Attorney General Merrick…
U.S. Cybersecurity Agency Proposes New Rules on Breach Reporting Requirements

Apr 1, 2024

In a significant move to bolster national cybersecurity, the U.S. Cybersecurity and Infrastructure Agency (CISA) unveiled a set of proposed rules on breach reporting requirements on March 27, 2024. The proposed rules, mandated by the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA), are poised to introduce stricter guidelines for reporting cyber incidents…

Russian National Charged as Alleged Creator and Administrator of LockBit Ransomware Group