Justice Department Unveils Charges Against Alleged LockBit Developer

The U.S. Department of Justice has charged Russian-Israeli national, Rostislav Panev, for his alleged role as a developer in the LockBit ransomware group, accused of designing malware and maintaining infrastructure for attacks that extorted over $500 million and caused billions in global damages. CyberScoop reports: The arrest is part of a broader campaign by international law enforcement agencies to dismantle LockBit. In February, a coordinated operation led by the U.K.'s National Crime Agency