LockBit is run as a ransomware-as-a-service operation. Operators maintain the malware and offer it as a service to affiliates, who use it to infect victims. LockBit 2.0 is one of the best-designed lockers on the market, with a focus on speed of encryption. Newcomer Hive’s unsophisticated newcomer called Hive continues to take down fresh victims. Hackers continue to exfiltrate data as part of a double extortion tactic designed to increase the pressure on victims to pay.”]
Source: https://www.govinfosecurity.com/ransomware-lockbit-20-borrows-ryuk-egregors-tricks-a-17335