Ransomware LockBit new version with bug bounty program!

The active ransomware LockBit κυκλοφόρησε μια νέα έκδοση του κακόβουλου λογισμικού “LockBit 3.0” το Σαββατοκύριακο και ανακοίνωσε ένα bug bounty that offers rewards for possible ways to improve the functionality of the ransomware.

lockbit 3

Although few details were given about the technical improvements to the operation of the ransomware-as-a-, the group invited all security researchers and hackers to participate in a bug bounty program, which reportedly offers rewards ranging from $1.000 to as much as $1 million.

The team is looking for bugs on the web of, port bugs, and malware improvement ideas, among others.
But several security researchers do not believe in the effectiveness of LockBit's bug bounty program.

"Since Lockbit 3.0's bug bounty program is essentially inviting people to help a felony for a reward, they may think that $1.000 is a bit much because of the risks involved for those who might decide to help them." said Casey Ellis, founder of Bugcrowd.

“I doubt security researchers will be interested. I know if I find a vulnerability, I'm going to use it to put them in jail," said John Bambenek, a threat hunter at the cyber firms Netenrich. "If a criminal finds a bug, it will be to steal them because there is no honor among ransomware administrators."

However, the introduction of a bug bounty program highlights how ransomware groups now operate. They seem to exist online with impunity and in some cases have grown so much that they look like normal businesses.

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LockBit, Ransomware, iguru

Written by giorgos

George still wonders what he's doing here ...

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