LockBit Takedown Indicates Shifting DOJ Cyber Strategy and Has Implications for Ransomware Victims

On May 7, 2024, the United States unsealed an indictment against Dmitry Yuryevich Khoroshev, one of the leaders of the Russian-based ransomware group LockBit, for his alleged involvement in developing and distributing the LockBit ransomware. According to the indictment, Khoroshev performed both administrative and operational roles for the cybercrime group, including upgrading the LockBit infrastructure, managing LockBit affiliates, and recruiting new developers for the ransomware….
By: Alston & Bird