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Podcast: Business of Tech: Daily 10-Minute IT Services Insights
Episode: FBI Strikes Back: The Takedown of PlugX Malware and LockBit's Struggles
Description: The FBI successfully hacked approximately 4,200 computers across the U.S. to eliminate the PlugX malware, which has been a tool for state-sponsored hackers in China since 2012. This operation, conducted in collaboration with French law enforcement, marks a proactive approach to combating cyber threats and underscores the importance of government intervention in mitigating advanced persistent threats.Sobel also discusses the ongoing struggles of the LockBit cybercriminal organization following a major takedown last year. The U.S. Justice Department's efforts to dismantle LockBit's infrastructure have left the group reeling, with a significant reduction in their operational capacity. This case...