Ransomware Operators Behind Many Attacks Arrested in Ukraine

Share post:

Europol has announced the arrest in Ukraine of two men believed to be members of a notorious ransomware gang that extorted victims with ransom demands ranging from 5 to 70 million euros.

The international law enforcement operation was conducted in coordination with the FBI, the French police and the Ukrainian National Police. Authorities conducted seven property searches, seized $375,000 in cash and two luxury vehicles, which cost about $250,000. Furthermore, the authorities also froze $1.3 million worth of crypto that is believed to be ransom payments.

Coordinated statements by Europol and the Ukrainian police describe the suspects as members of a high-level group, but Europol refused to name the group for operational reasons.

Law enforcement agencies attribute almost a hundred cyberattacks to the gang, which has targeted North American and European organizations since April 2020. The gang’s tactics follow the typical network compromise, the use of malware, data exfiltration and, finally, the encryption of the victim’s local files.

The main compromise points were the victim’s VPN tool or emails to employees storing payloads on their computers.

The total damage to the affected organisations is estimated at 150 million dollars.

For more information, you may view the original story from Bleeping Computer.



Related articles

Cyber Security Today, March 22, 2023 – ChatGPT4 is out, poorly-protected Linux servers are exploited, and more

ChatGPT4 is out, poorly-protected Linux servers are exploited, and more. Welcome to Cyber Security Today. It’s Wednesday, March 22nd, 2023. I’m Howard Solomon, contributing reporter on cybersecurity for and in the U.S. The new version of ChatGPT has been released. But if you were hoping that version 4 has made this tool safer

Only 9 per cent of Canadian firms are cyber mature: Cisco report

Only 15 per cent of companies around the world would have a mature cyber readiness, according to survey

Ferrari notifies customers of ransom demand

Exclusive car maker says some client contact information exposed in cy

Government backs down on document demand from Google, Facebook

Change meets criticism that demand for external communications is an invasion

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways