
Who: The FBI, UK National Crime Agency, and Europol have revealed indictments and sanctions against the admin of the LockBit ransomware operation, identifying the Russian threat actor as Dmitry Yuryevich Khoroshev, 31, of Voronezh, Russia.
What: Khoroshev, also known as 'LockBitSupp' and 'putinkrab,' allegedly earned $100 million as part of LockBit's activities. Law enforcement agencies have imposed asset freezes and travel bans against him, disrupting LockBit's ransomware operation.
Impact: Sanctions against Khoroshev will disrupt the ransomware operation, potentially dissuading ransom payments and causing affiliates to flee. The US offers a $10 million reward for information leading to Khoroshev's arrest. Law enforcement actions have already led to the seizure of LockBit infrastructure, recovery of decryption keys, and a drop in active affiliates. While LockBit continues to operate, its future is uncertain, as affiliates lose trust in leadership.
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