Alleged Russian global cybercrime ring leader banned from entering Australia
The Russian mastermind behind an international cyber crime gang has been unmasked, hit with financial sanctions and banned from ever travelling to Australia. The government has named Dimitri Korashev as having a senior leadership role in the group known as Lock Bit, which was behind 18% of ransomware attacks in Australia last year. Since 2019, Lock Bit has caused billions of dollars worth of harm across the globe, including millions of dollars worth of harm on the Australian community. Last year alone, 119 Australian victims fell victim to a lock bit scam.