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Data Center News > Blog > Security > US indicts LockBit ransomware ringleader, offers $10 million reward
Security

US indicts LockBit ransomware ringleader, offers $10 million reward

Last updated: May 8, 2024 1:58 am
Published May 8, 2024
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US indicts LockBit ransomware ringleader, offers $10 million reward
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Khoroshev has allegedly had involvement in LockBit because it first emerged in September 2019. Through the years, LockBit ransomware assaults have claimed over 2,500 victims in no less than 120 international locations, with Khoroshev and different co-conspirators allegedly gathering no less than $500 million in ransom funds.

In February, US and UK regulation enforcement seized the web sites and servers utilized by LockBit and even obtained the keys they might use to assist organizations regain entry to their knowledge. On the time, it additionally charged Artur Sungatov and Ivan Kondratyev with deploying LockBit in opposition to victims within the US.

Khoroshev allegedly took 20 p.c of every ransom fee extorted from victims and likewise operated the group’s knowledge leak website. Regulation enforcement discovered that Khoroshev stored victims’ stolen knowledge even after the group “falsely promised” it might delete the data when receiving a fee.

“At the moment’s indictment marks a major milestone within the investigation and prosecution of LockBit, which has already led to prices in opposition to 5 different LockBit associates — two of whom are in custody awaiting trial — and a significant disruption of the now discredited LockBit operation,” US Lawyer Philip R. Sellinger for the District of New Jersey says in an announcement.

Khoroshev faces 26 prices — together with one depend of conspiracy to commit fraud and eight counts of extortion to break to a protected laptop — and as much as 185 years in jail. Along with sanctioning Khoroshev, the feds are providing a $10 million reward for data that helps regulation enforcement apprehend him.

See also  Rubi Secures $1 Million Phase II Grant from the National Science Foundation

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TAGGED: indicts, LockBit, million, offers, ransomware, Reward, ringleader
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