March 19, 2024 (NO COMMENTS)

As LockBit plans its comeback, experts say banks need a clear ransomware negotiating playbook

In the days when branches were busy, bank managers would keep pictures of known robbers behind the counter, so staff could sound the alarm if anyone suspicious showed up. Today, most bank theft occurs online, and if there’s one digital mugshot everybody is looking out for, it’s LockBit.  On February 19 this year, international law enforcement agencies announced the disruption of the prolific Russia-based ransomware franchise that was behind a series of attacks over the past year – including