Author/Source: The Hacker News See the full link here
Takeaway
This article reveals that investigators have identified the person believed to be the leader of the Black Basta ransomware group. It also explains that this leader is connected to another cybercrime gang known as LockBit.
Technical Subject Understandability
Beginner
Analogy/Comparison
Finding the leader of a ransomware group is like police finally identifying the boss of a large organized theft ring after years of investigations.
Why It Matters
Ransomware attacks cause major problems for companies and can cost them millions of dollars, sometimes forcing businesses to close down. This news shows that law enforcement can track down the people behind these harmful computer attacks, which might help make online businesses safer.
Related Terms
Ransomware, Cryptocurrency. Jargon Conversion: Ransomware is a type of harmful computer program that locks a computer’s files and demands money to unlock them. Cryptocurrency is digital money, like Bitcoin, that is not controlled by banks or governments.
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