• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
UK, US, and Australia Sanction Russian Cybercriminal Linked to LockBit Ransomware Group

UK, US, and Australia Sanction Russian Cybercriminal Linked to LockBit Ransomware Group

05/07/2024
Supreme Court to Decide Future of Trump-Era Tariffs

Supreme Court to Decide Future of Trump-Era Tariffs

09/18/2025
Trump’s Tariffs Impact Fortnum & Mason’s Tea Exports to U.S.

Trump’s Tariffs Impact Fortnum & Mason’s Tea Exports to U.S.

09/18/2025
Retail Sales Rise 0.6% in August Amid Ongoing Tariff Pressures

Retail Sales Rise 0.6% in August Amid Ongoing Tariff Pressures

09/18/2025
Trump’s UK Visit Highlights Trade Moves and Tariff Discussions

Trump’s UK Visit Highlights Trade Moves and Tariff Discussions

09/18/2025
What tariffs has Trump announced and why?

What tariffs has Trump announced and why?

09/18/2025
Hands holding a digital globe surrounded by global business icons. Goenvi Technologies. - Supply Chain News

Goenvi Technologies Nominated for the Go Global Awards 2025

09/18/2025
Kamsiparts Automotive Nominated for Go Global Awards 2025 in London

Kamsiparts Automotive Nominated for Go Global Awards 2025 in London

09/17/2025
Sow Property Consult Limited: Driving Excellence in Transport and General Trading

Sow Property Consult Limited: Driving Excellence in Transport and General Trading

09/17/2025
Esusu Africa: Advancing Digital Financial Inclusion Across Nigeria

Esusu Africa: Advancing Digital Financial Inclusion Across Nigeria

09/17/2025
B.Est Solutions Estonia Nominated for the Go Global Awards 2025

B.Est Solutions Estonia Nominated for the Go Global Awards 2025

09/17/2025
Emerge and Rise Nominated for the Go Global Awards 2025

Emerge and Rise Nominated for the Go Global Awards 2025

09/17/2025
CODERS Nominated for Go Global Awards 2025 in London

CODERS Nominated for Go Global Awards 2025 in London

09/17/2025
supplychainreport
Friday, September 19, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

UK, US, and Australia Sanction Russian Cybercriminal Linked to LockBit Ransomware Group

by Daisy D.
05/07/2024
in Compliance, Sanctions

UK, US, and Australia jointly announced sanctions against a Russian individual allegedly linked to cybercriminal activities. The sanctioned individual, Dmitry Khoroshev, is purportedly associated with the cybercrime group LockBit, known for its ransomware attacks on businesses worldwide.

According to authorities, LockBit has been responsible for extorting over $1 billion from numerous victims globally, including more than 200 businesses in the UK. Earlier this year, the National Crime Agency (NCA) claimed to have disrupted LockBit’s operations, significantly reducing its capabilities. Despite attempts by the group to rebuild, authorities assess that LockBit is currently operating at a limited capacity.

YOU MAY ALSO LIKE

RightVantage Exim Launches Free Tariff Analysis Tool

Maprima Management BV: Driving Corporate Services Excellence Across the Benelux

The sanctions imposed on Khoroshev include asset freezes and travel bans. Anne-Marie Trevelyan, the Sanctions Minister, emphasized the collaborative effort with allies to combat hostile cyber activities. Graeme Biggar, Director General of the National Crime Agency, highlighted the significant damage caused by LockBit’s attacks and reaffirmed ongoing efforts to dismantle the group.

Eleanor Fairford, Deputy Director for Incident Management at the National Cyber Security Centre (NCSC), underscored the importance of strong cybersecurity measures to mitigate the threat of ransomware attacks. The UK’s decision to sanction Khoroshev aligns with its broader strategy to counter malicious cyber activities and promote international security in cyberspace, in coordination with allies like Australia and the US.

Get the newest updates in supply chain news on The Supply Chain Report. Visit ADAMftd.com for free international trade tools.

#GlobalCybersecurity #LockBitSanctions #InternationalCollaboration #CyberCrimeCrackdown #SecurityAlliance#SupplyChainNews

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.