India most-hit country by Lockbit in South Asia: What makes this group so dangerous

Lockbit, a ransomware group using RaaS model, targeted large businesses and infrastructure. India had the most victims in APAC. Law enforcement disrupted Lockbit in Operation Cronos, causing significant damage and extorting millions in cryptocurrency from victims. Lockbit uses a model called RaaS in which it provides ransomware – a software that blocks victims’ access (or encrypt) to data on their computers or mobile devices.

India most-hit country by Lockbit in South Asia: What makes this group so dangerous
Lockbit, a ransomware group using RaaS model, targeted large businesses and infrastructure. India had the most victims in APAC. Law enforcement disrupted Lockbit in Operation Cronos, causing significant damage and extorting millions in cryptocurrency from victims. Lockbit uses a model called RaaS in which it provides ransomware – a software that blocks victims’ access (or encrypt) to data on their computers or mobile devices.