LockData Auction is a dark web marketplace that emerged around May 2021 operating an invite-only stolen data auction portal, representing a shift toward pure data-theft extortion with auctions for stolen corporate data starting from $50,000, rather than a traditional ransomware encryptor operation.
How does LockData Auction differ from ransomware attacks?+
Unlike traditional ransomware groups, LockData Auction does not encrypt files. They steal corporate data and put it up for sale through their dark web auction portal without any encryption.
What is the typical starting bid for LockData Auction's auctions?+
LockData Auction's auctions for stolen corporate data typically start at $50,000.