US Charges Dual National Linked to LockBit Ransomware Group

US Charges Dual National Linked to LockBit Ransomware Group

1 minute read
Updated 17 hours ago

Arrest and Extradition

Rostislav Panev, a 51-year-old dual Russian-Israeli national, was arrested in for his alleged role in developing malware for the LockBit ransomware group and is awaiting extradition to the .

The unsealed a criminal complaint detailing Panev's involvement, including developing LockBit ransomware encryptors and a data-theft tool, StealBit.

LockBit Ransomware Operations

LockBit, one of the most active ransomware groups, has been linked to attacks on over 2,500 victims in 120 countries, demanding at least $500 million in ransom payments.

Panev's arrest is part of a broader effort to dismantle the LockBit operation, with multiple arrests and a significant takedown operation in February 2024 involving law enforcement from 10 countries.
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