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LockBit Hacker Sentenced To 4 Years Jail Plus Fined $860K

LockBit hacker Mikhail Vasiliev sentenced to 4 years in jail and fined $860K for his involvement in the global ransomware scheme. The sentencing marks a significant step in the battle against LockBit gang activity. Vasiliev pleaded guilty to cyber extortion and other charges. In addition to his prison sentence, he has been ordered to pay a fine for his cyberattack. Law enforcement agencies executed a coordinated operation resulting in the seizure of LockBit's infrastructure.

    #security#lockbit
Mar 29, 2024•3m read time•From securityboulevard.com
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LockBit Hacker SentencedThe Guilty PleaData Breach AccountabilityLockBit Hacker Sentenced – Operations DisturbedEmerging Trends in CybercrimeConclusion
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