<ul><li>U.S. prosecutors have publicly announced the arrest of Rostislav Panev, a dual Russian-Israeli national, who is accused of being a key developer in the LockBit ransomware gang.</li><li>Panev is currently in Israeli custody and faces extradition to the United States.</li><li>LockBit is a notorious ransomware gang responsible for launching cyberattacks on thousands of companies worldwide and is believed to have received at least $500 million in ransom payments.</li><li>This is the third arrest related to the LockBit gang after the capture of Mikhail Vasiliev in Canada in 2022 and Ruslan Astamirov in the U.S. in 2023.</li></ul>

Third member of LockBit ransomware gang has been arrested

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