Dark Web Profile: LockBit 3.0 Ransomware - SOCRadar® Cyber Intelligence Inc.

LockBit 3.0, a Ransomware-as-a-Service (RaaS) group, is responsible for over one-third of all ransomware attacks in 2022 and 2023. The group, which operates through affiliates, targets a wide range of businesses and critical infrastructure organizations, utilizing various tactics such as double extortion and initial access broker affiliates. LockBit 3.0 employs a modular approach, encrypts payloads until execution, and utilizes a hybrid encryption approach using AES and RSA algorithms.