Cybercriminals Impersonate LockBit to Target SMBs in Northern Europe

09 February 2023
In the wake of a significant rise in ransomware attacks, especially by the Lockbit locker group, a cybercriminals group was spotted targeting SMBs in Belgium and extorting by impersonating Lockbit. The incident highlights the threat of outdated software and systems, as extortion practices become increasingly popular even among less sophisticated criminals.