The Lockbit Ransomware Attack on Harwood Lloyd

The Lockbit ransomware gang has allegedly attacked Harwood Lloyd. Lockbit posted Harwood Lloyd’s details to its data leak site on June 2nd, threatening to publish all stolen information on June 11th if the company fails to pay the ransom. Harwood Lloyd, LLC, law firm, that serves international, national, regional, and individual clients. It has neither confirmed nor denied the attack.

LockBit's Modus Operandi

LockBit has been active since 2019 and is enabled with security tool evasion capabilities and an extremely fast encryption speed. LockBit is noted for using a triple extortion model where the victim may also be asked to purchase their sensitive information in addition to paying the ransom demand for decrypting systems.

2022: A Year of Dominance

LockBit is considered to have been the most active attack group in 2022 as other high-profile groups became less active and demanded ransoms of more than $50 million. LockBit tends to target larger enterprises across any industry vertical with the ability to pay high ransom demands but also tends to favor Healthcare targets.

The Affiliate Program

LockBit is a very well-run affiliate program and has a great reputation amongst the affiliate (attacker) community for the maturity of the platform as well as for offering high payouts of as much as 75% of the attack proceeds.

Extortion Techniques

LockBit is known to employ multiple extortion techniques, including data exfiltration, to compel payment.