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Police arrest four suspects linked to LockBit ransomware gang

by willyg123 on 10/2/2024, 8:28:19 PM with 2 comments
  • by pbrowne011 on 10/2/2024, 8:48:30 PM

    I enjoy Matt Levine's facsincation with the business of ransomware. He wrote a post early last year [0] on LockBit's business model and how the optimal amount of crime for them to commit is close to, but not quite 100%. It appears they may have tipped too far in the "too much crime" direction.

    Another good look at LockBit is an investigative report [1] that goes in depth on how they've survived for so long.

    [0] http://catless.ncl.ac.uk/risks/go/33/60/7

    [1] https://redsense.com/publications/lockbit-story-a-three-year...