ION ransom has been paid, says LockBit

Money came from a "philanthropist"

clock • 2 min read
LockBit hackers say ransom demanded from ION has been paid
Image:

LockBit hackers say ransom demanded from ION has been paid

The LockBit ransomware group, which claimed responsibility for last week's attack on financial software business ION Trading UK, says it has received the ransom it demanded.

A representative for the gang told Reuters that it has now delivered a decryption key to ION to unlock the infected machines. The hackers did not specify the amount or provide any evidence that ...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Operation Cronos: NCA reveals details of LockBit affiliates

Threats and Risks

Operation has been crippled - for now

clock 22 February 2024 • 3 min read
US charges two Russian nationals in LockBit ransomware case amid global crackdown

Law

The indictments coincide with a significant takedown of LockBit in a joint operation by US, UK, and other international law enforcement agencies

clock 21 February 2024 • 3 min read
Law enforcement takes down LockBit - updated

Security

NCA among the groups under 'Operation Cronos'

clock 20 February 2024 • 2 min read
Most read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Hacking

Cambridge University hit by DDoS attack

Cambridge University hit by DDoS attack

Anonyous Sudan claims it also hit the University of Manchester

John Leonard
clock 20 February 2024 • 1 min read
Southern Water confirms customer data breach

Southern Water confirms customer data breach

Stems from Black Basta attack last month

clock 14 February 2024 • 2 min read
Cloudflare's estate breached by suspected state-sponsored threat actors

Cloudflare's estate breached by suspected state-sponsored threat actors

The attackers exploited unrotated access token and service account credentials obtained from an Okta breach in October

clock 05 February 2024 • 2 min read