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LockBit Maintains Relevance with Latest Update

LockBit, a notable Ransomware-as-a-Service (RaaS) entity, has significantly impacted global cybersecurity. It enables criminals to launch ransomware attacks, share profits, typically leaving 80% for affiliates. Innovatively, LockBit introduced dynamic ransom pricing tied to victim revenue, disallowing major discounts. Technically distinct, it pioneered, aggressively seeking new targets. Cultivating a community presence, LockBit engaged in unique promotions, including a bounty for identifying its leader.



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