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US charges Russian-Israeli as suspected LockBit ransomware coder

The US Department of Justice has charged a Russian-Israeli dual-national for his suspected role in developing malware and managing the infrastructure for the notorious LockBit ransomware group. According to a criminal complaint unsealed today in the District of New Jersey, Rostislav Panev, 51, a dual Russian and Israeli national, allegedly helped develop LockBit ransomware encryptors and a custom “StealBit” data-theft tool commonly used…