LockBit Is Gone, but Now There Are 41 Gangs in Its Place | 2 Minute Drill with Drex DeFord

In February 2024, LockBit affiliates logged into their ransomware mothership and found it had been seized by the FBI and the UK's National Crime Agency. The countdown clock ran out, and the feds answered the one question LockBit spent years protecting: who runs this place? Dmitry Khoroshev, 31, going by LockBitSupp. Over $100 million in earnings. A $10 million bounty on his head. A clean win.

Except the criminal world didn't fold. It fractured. When affiliates realized the FBI had been living inside Hive and the Brits inside LockBit for months, trust collapsed across the board. Paranoid criminals don't quit, they scatter. Researchers counted 41 brand-new ransomware gangs in a single year.

Remember, Stay a Little Paranoid