Justice Department unveils charges against alleged LockBit developer

The U.S. Department of Justice has charged Rostislav Panev, a dual Russian-Israeli national, alleging he developed and maintained malware and infrastructure for the LockBit ransomware group responsible for thousands of global attacks and hundreds of millions in ransom payments; Panev was arrested in Israel pending extradition as part of coordinated international actions that have disrupted LockBit’s operations while key members remain at large.