"Japanese Police Successful in Decrypting Data Attacked by LockBit Ransomware"

Japanese police have successfully decrypted company data that had been encrypted by the LockBit ransomware. The Cyber Police Department and the Cyber Special Investigation Team, which were founded by the National Police Agency in April of this year, appear to have provided the country's law enforcement with a new instrument for combating cybercrime. According to Japanese media, the Agency's staff have recovered data from at least three companies impacted by the LockBit ransomware. According to Malwarebytes, LockBit was by far the most prolific ransomware gang in the world in 2022, with hundreds of documented incidents worldwide. LockBit's success has been attributed to the group's ability to blend a business-like strategy with specialist technology. The group also has chosen a low-key approach, and experts think individual arrests are unlikely to disrupt the cartel's roots because it is well-staffed and dispersed. However, Japan appears to have found a means to neutralize the threat. The Japanese police force has about 2,400 investigators and technical personnel dedicated to cybercrime. The police force has shared its methods with investigators in other countries. The International Counter Ransomware Task Force is expected to go live next month. Australia will lead the task force, which will include the US and its allies, including Japan. It is part of the larger Counter Ransomware Initiative, a collaboration of 36 countries and the European Union. This article continues to discuss Japan's National Police Agency successfully decrypting networks encrypted with the LockBit ransomware. 

Cybernews reports "Japanese Police Successful in Decrypting Data Attacked by LockBit Ransomware"