February 19, 2025, marked the one-year anniversary of Operation Cronos, a coordinated effort by the UK's NCA and global partners to dismantle LockBit ransomware operations. This operation reflects a significant achievement against ransomware threats, highlighted by LockBit's prior dominance, accounting for 25% of victims in 2023. Notably, the Royal Mail was among its most prominent victims. Insights from Secureworks’ research emphasize how this operation has reshaped the ransomware landscape, forcing affiliates to adapt, and highlighting the importance of international collaboration in combating cybercrime.
"When we coordinated our research alongside law enforcement's seizure of the LockBit leak site on February 19, 2024, we knew it was a significant moment in time in the fight against cyber criminals."
"We knew, in the context of ransomware, that we had a unique opportunity to have a significant impact against the activities of LockBit and similar groups."
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