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Crime Security The Almighty Buck

Ukrainian Cops Cuff Two Over $150 Million Ransomware Gang Allegations, Seize $1.3 Million In Cryptocurrency (theregister.com) 8

Ukrainian police have reportedly arrested two members of a ransomware gang -- and while some have fingered REvil, no firm details have been published by cops from multiple countries. The Register reports: A round of speculation was triggered when inter-EU law enforcement body Europol declared this morning that Ukrainian fuzz had arrested "two prolific ransomware operators known for their extortionate demands," claimed to be up to [$81.3 million]. One of the two suspects arrested on September 28, according to the National Police of Ukraine, was a "hacker." The other allegedly "helped to withdraw money obtained by criminal means." $1.3m in cryptocurrency was said to have been frozen. A multinational police operation with input from France's National Gendarmerie and the US Federal Bureau of Investigation helped lead the Ukraine cops to their targets, with support from Europol and Interpol.

The 25-year-old suspect allegedly deployed "virus software," compromising remote-working software, with one attack vector being "through spam-mailings on corporate e-mail boxes of malicious content." "In total, the hacker attacked more than 100 foreign companies in North America and Europe," said the Ukrainian police, adding that they blamed the 25-year-old arrestee for causing $150m of damage to Western organizations. [...] Numerous people speculated on Twitter that the latest Ukrainian arrests were members of the REvil ransomware gang. This was based solely on Europol's claim that the two main accused had once issued an "extortionate" [$81.3 million] ransom demand, which has not been repeated by cops in Ukraine. REvil once issued a ransom demand for $70 millionagainst managed service provider Kaseya) but that is not the same sum...

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Ukrainian Cops Cuff Two Over $150 Million Ransomware Gang Allegations, Seize $1.3 Million In Cryptocurrency

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