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Inside Operation Cronos: Dismantling the Notorious LockBit Ransomware Syndicate

A groundbreaking international law enforcement infiltration dealt a staggering blow against Lockbit - the world’s dominant ransomware cartel running a digital extortion empire that had attacked over 1,700 victims across healthcare, critical infrastructure, major multinationals and more.

The dramatic February 2024 takedown saw a clandestine coalition of national cybercrime agencies seize Lockbit's dark web infrastructure and leak sites to release decryption keys aiding victims of their prolific data hostage taking.

This video tells the shadowy story of Operation Cronos - the unprecedented global mission that beat Lockbit at their own encryption game by stealthily monitoring the syndicate's activities to ultimately pierce their anonymity protections and turn their tools against them.

Led by the FBI, UK National Crime Agency, Europol and Interpol, the infiltration saw investigators compromise admin systems managing Lockbit's vast network of affiliates deploying ransomware, observe Bitcoin payments, and leverage the access to distribute free recovery tools to past victims.

Watch as we analyze:

The hacking techniques used by authorities to monitor Lockbit communications with affiliates
How sanctioned technology dependencies created attack vectors against extortion infrastructure
The ripple effects diminishing trust across cybercrime communities toward operational security
Whether the blow can meaningfully disrupt the overall economics fueling ransomware
The operation unveils intriguing pathways for coordinated disruption of ransomware supply chains: by tracing cryptocurrency trails between extortionists, money launderers and terror financiers, then leveraging intelligence coordination with allies to enable sanctions against countries offering safe harbor.

But sustainable relief from the global ransomware scourge relies on broad adoption of resilient data retention protocols across public and private sector networks to limit adversarial leverage over digital extortion markets.

For an in-depth profile on the Operation Cronos mission and its ambitions to rewrite rules of engagement with the growing ransomware economy, read our full analysis at:

https://www.ultra-unlimited.com/blog/...