UK and allies sanction leader of Russian ransomware group.

The U.K., U.S., and Australia announced sanctions on the Russian leader of the cyber-crime gang, LockBit, the U.K.'s National Crime Agency (NCA) announced on May 7.

Lockbit has become one of the most prolific ransomware groups in recent years, carrying out 3,000 cyberattacks in the U.S. and Europe and resulting in losses of billions of euros. The sanctions will target Dmitry Khoroshev, a Russian national who has been identified as one of the senior leaders of Lockbit.

Lockbit was reportedly responsible for 25% of ransomware attacks globally last year, targeting thousands of victims, including over 200 Ukrainian businesses.

- The Kyiv Independent