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LockBit’s $200 million cyber-extortion attempt on Boeing

LockBit's $200 million cyber-extortion attempt on Boeing

Boeing disclosed on Wednesday that the cybercriminals had demanded a $200 million ransom payment from the firm after using the LockBit ransomware platform to target it in October 2023.

The airplane maker attested to CyberScoop that Boeing was the global aerospace and defense company referenced in an indictment that the US Department of Justice had released.

As part of a broad multinational effort against the Russian man, the indictment accused Dmitry Yuryevich Khoroshev as the chief administrator and developer of the LockBit ransomware enterprise. The indictment involved sanctions from the US, the UK, and Australia.

CyberScoop claims that Boeing declined to speak further and referred questions to the FBI; however, the agency did not immediately answer calls for comment made late on Wednesday.

According to BleepingComputer, Boeing stated that it did not pay LockBit any ransom after around 43 gigabytes of company data were uploaded to LockBit’s website in the beginning of November.

According to CyberScoop, Boeing acknowledged that there had been a “cyber incident” at the time, stating that it was “impacting elements of our parts and distribution business” but that it had no bearing on the flight’s safety.

It is important to remember that Boeing never addressed the stolen data that LockBit had posted on any open forum.

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