LockBit 3.0 is an evolution of the LockBit Ransomware-as-a-Service (RaaS) offering with similarities to BlackMatter and BlackCat ransomware. LockBit 3.0 has been in use since at least June 2022 and features enhanced defense evasion and exfiltration tactics, robust encryption methods for Windows and VMware ESXi systems, and a more refined RaaS structure over its predecessors such as LockBit 2.0.