LockBit ransomware gang announces new attack planned for February 2025

The LockBit ransomware gang, previously thought to be dismantled, has announced plans for a new attack on February 3, 2025. The group's leader hinted at the return of LockBit 4 through a dark web post. Despite law enforcement efforts, LockBit remains a significant threat. In May 2024, it was responsible for 37% of all ransomware attacks. Activity fluctuated throughout the year, with a notable absence in the top threat rankings in late 2024. LockBit operates on a Ransomware-as-a-Service model, allowing affiliates to launch attacks while sharing profits. The group uses double-extortion tactics, encrypting files and threatening to leak sensitive data unless a ransom is paid.