Cyber Talks

Dissecting LockBit’s Ransomware Operations with Keegan Keplinger and Brandon Stencell


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Since their emergence in 2019 under the moniker 'ABCD', the LockBit ransomware-as-a-service gang has carved out a notorious reputation as a leading purveyor of ransomware. Their notoriety was cemented by pioneering triple extortion techniques and causing unprecedented disruption across the globe. However, they suffered a significant blow with the orchestrated international law enforcement operation named 'Operation Cronos'.

In this episode, Ciaran Luttrell, Keegan Keplinger, and Brandon Stencell, provide a gripping account of LockBit's operations, their innovative TTPs, and the collaborative law enforcement efforts that led to their partial dismantling. We also offer an insider's look into how the takedown was executed, the resurgence of LockBit and the new Dark Web leak sites, and the broader implications for cybersecurity professionals.

Key discussion points include:

  • The evolution and operational methods of LockBit since its inception.
  • Insights into 'Operation Cronos' and its impact on LockBit’s infrastructure.
  • The tactical shutdown of LockBit's technical and financial frameworks by international law enforcement.
  • The immediate response by LockBit, including setting up new operations and their public threats.
  • Strategies and advice for cybersecurity professionals to safeguard against future iterations of LockBit and similar ransomware threats.
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    About Cyber Talks

    From ransomware attacks to supply chain compromises, eSentire’s Cyber Talks podcast will delve into the world of the latest cyber threats that are impacting businesses globally. Join our team of security experts as we speak with C-level executives and security practitioners about the cyber risks affecting their business and how they’re addressing these challenges.

    About eSentire

    eSentire, Inc., the Authority in Managed Detection and Response (MDR), protects the critical data and applications of 2000+ organizations in 80+ countries, across 35 industries from known and unknown cyber threats by providing Exposure Management, Managed Detection and Response and Incident Response services designed to build an organization’s cyber resilience & prevent business disruption. Founded in 2001, eSentire protects the world’s most targeted organizations with 65% of its global base recognized as critical infrastructure, vital to economic health and stability. By combining open XDR platform technology, 24/7 threat hunting, and proven security operations leadership, eSentire's award-winning MDR services and team of experts help organizations anticipate, withstand and recover from cyberattacks. For more information, visit ⁠⁠⁠⁠www.esentire.com⁠⁠⁠⁠ and follow ⁠⁠⁠⁠@eSentire⁠⁠⁠⁠.

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