New York Tech Media
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital
No Result
View All Result
New York Tech Media
No Result
View All Result
Home Cybersecurity

Russia ”neutralizes” REvil ransomware gang, arrests 14

New York Tech Editorial Team by New York Tech Editorial Team
January 15, 2022
in Cybersecurity
0
Russia ”neutralizes” REvil ransomware gang, arrests 14
Share on FacebookShare on Twitter

According to Russia’s top agency FSB (Federal Security Service), the arrests against the Revil ransomware gang were made at the request of the government of the United States.

Russia’s Federal Security Service (FSB) has arrested and charged 14 suspects for their connection with the infamous Revil ransomware gang (aka Sodinokibi). The arrests were made at the request of the United States, the agency said on Friday, January 14th.

This marks the apparent end of the REvil ransomware gang involved in some of the largest ever ransomware attacks against the critical infrastructure in the United States including the attack on Kaseya Limited, a leading provider of IT and security management solutions.

The news came just a day after Ukrainian authorities arrested 5 suspects for carrying out ransomware attacks against international businesses costing millions of dollars in damages.

Raids, property seizure, and arrests

According to local Russian media, FSB, the principal security agency of the country raided 25 different locations in several Russian cities including the Capital Moscow, St. Petersburg, Lipetsk, and Leningrad.

Furthermore, authorities seized assets worth more than 426 million rubles (£4 million – $5.5 million – €4.8 million euros) in cash and cryptocurrency. More over, 20 luxury vehicles purchased with money obtained from ransom payments were also confiscated.

The FSB has confirmed that all 14 suspects have been charged with committing crimes under Part 2 of Art. 187 “Illegal circulation of means of payment” of the Criminal Code of Russia.

 

REvil ransomware gang has been “neutralized”

In a press release, FSB added that the REvil ransomware gang has been completely dismantled and that the infrastructure used by the threat actors has been “neutralized.”

“As a result of the joint actions of the FSB and the Ministry of Internal Affairs of Russia, the organized criminal community has ceased to exist, the information infrastructure used for criminal purposes has been neutralized. Representatives of the US competent authorities have been informed about the results of the operation.”

FSB

Modus Operandi

Like any other ransomware gang, the modus operandi of REvil involved exploiting security vulnerabilities and compromising targets. The group would encrypt files on targeted computers and demand ransom payments. In case their demands were not met the attackers would leak the data online.

In the Kaseya attack, the REvil ransomware operators demanded a $70 million ransom. Some of the gang’s other notable targets include Acer, Quanta, MasMovil, Sol Oriens, and the State Bank of Chile.

Ziv Mador, VP of Security Research at Trustwave SpiderLabs stated that the actions from Russia’s top-secret agency which is directly overseen by President Vladimir Putin are “unprecedented.” 

However, he also warned that REvil resources could reemerge in another form as seen with other ransomware groups many times in the past such as the appearance of Haron and BlackMatter ransomware groups right after the disappearance of DarkMatter and REvil in July 2021.

“This unprecedented action from the Russian Federal Security Service (FSB) aligns with the fear that we’ve observed while conducting cybercriminal chatter reconnaissance on the Dark Web. Cybercriminals on the Dark Web indicated back in November 2021 that they believed there were secret negotiations on cybercrime between the Russian Federation and the United States and urged each other to prepare for potentially serious actions from Russia, Ziv said.

More ransomware news from Hackread.com:

Conti Ransomware Group Exploiting Log4j Vulnerability

Romanian arrested for ransomware attacks and data theft

Canadian Citizen Charged for Ransomware Attacks in Alaska

Ransomware attack on New Mexico jail put prisoners in lockdown

FBI warns of hackers mailing malicious USB drives to spread ransomware

Credit: Source link

Previous Post

Microsoft Teams’ Walkie Talkie feature is now widely available

Next Post

European VC Hunts For The Startups That Can Change One Billion Lives

New York Tech Editorial Team

New York Tech Editorial Team

New York Tech Media is a leading news publication that aims to provide the latest tech news, fintech, AI & robotics, cybersecurity, startups & leaders, venture capital, and much more!

Next Post
European VC Hunts For The Startups That Can Change One Billion Lives

European VC Hunts For The Startups That Can Change One Billion Lives

  • Trending
  • Comments
  • Latest
Meet the Top 10 K-Pop Artists Taking Over 2024

Meet the Top 10 K-Pop Artists Taking Over 2024

March 17, 2024
Panther for AWS allows security teams to monitor their AWS infrastructure in real-time

Many businesses lack a formal ransomware plan

March 29, 2022
Zach Mulcahey, 25 | Cover Story | Style Weekly

Zach Mulcahey, 25 | Cover Story | Style Weekly

March 29, 2022
How To Pitch The Investor: Ronen Menipaz, Founder of M51

How To Pitch The Investor: Ronen Menipaz, Founder of M51

March 29, 2022
Japanese Space Industry Startup “Synspective” Raises US $100 Million in Funding

Japanese Space Industry Startup “Synspective” Raises US $100 Million in Funding

March 29, 2022
UK VC fund performance up on last year

VC-backed Aerium develops antibody treatment for Covid-19

March 29, 2022
Startups On Demand: renovai is the Netflix of Online Shopping

Startups On Demand: renovai is the Netflix of Online Shopping

2
Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

Robot Company Offers $200K for Right to Use One Applicant’s Face and Voice ‘Forever’

1
Menashe Shani Accessibility High Tech on the low

Revolutionizing Accessibility: The Story of Purple Lens

1

Netgear announces a $1,500 Wi-Fi 6E mesh router

0
These apps let you customize Windows 11 to bring the taskbar back to life

These apps let you customize Windows 11 to bring the taskbar back to life

0
This bipedal robot uses propeller arms to slackline and skateboard

This bipedal robot uses propeller arms to slackline and skateboard

0
Coffee Nova’s $COFFEE Token

Coffee Nova’s $COFFEE Token

May 29, 2025
Money TLV website

BridgerPay to Spotlight Cross-Border Payments Innovation at Money TLV 2025

May 27, 2025
The Future of Software Development: Why Low-Code Is Here to Stay

Building Brand Loyalty Starts With Your Team

May 23, 2025
Tork Media Expands Digital Reach with Acquisition of NewsBlaze and Buzzworthy

Creative Swag Ideas for Hackathons & Launch Parties

May 23, 2025
Tork Media Expands Digital Reach with Acquisition of NewsBlaze and Buzzworthy

Strengthening Cloud Security With Automation

May 22, 2025
How Local IT Services in Anderson Can Boost Your Business Efficiency

Why VPNs Are a Must for Entrepreneurs in Asia

May 22, 2025

Recommended

Coffee Nova’s $COFFEE Token

Coffee Nova’s $COFFEE Token

May 29, 2025
Money TLV website

BridgerPay to Spotlight Cross-Border Payments Innovation at Money TLV 2025

May 27, 2025
The Future of Software Development: Why Low-Code Is Here to Stay

Building Brand Loyalty Starts With Your Team

May 23, 2025
Tork Media Expands Digital Reach with Acquisition of NewsBlaze and Buzzworthy

Creative Swag Ideas for Hackathons & Launch Parties

May 23, 2025

Categories

  • AI & Robotics
  • Benzinga
  • Cybersecurity
  • FinTech
  • New York Tech
  • News
  • Startups & Leaders
  • Venture Capital

Tags

3D bio-printing acoustic AI Allseated B2B marketing Business carbon footprint climate change coding Collaborations Companies To Watch consumer tech crypto cryptocurrency deforestation drones earphones Entrepreneur Fetcherr Finance Fintech food security Investing Investors investorsummit israelitech Leaders LinkedIn Leaders Metaverse news OurCrowd PR Real Estate reforestation software start- up Startups Startups On Demand startuptech Tech Tech leaders technology UAVs Unlimited Robotics VC
  • Contact Us
  • Privacy Policy
  • Terms and conditions

© 2024 All Rights Reserved - New York Tech Media

No Result
View All Result
  • News
  • FinTech
  • AI & Robotics
  • Cybersecurity
  • Startups & Leaders
  • Venture Capital

© 2024 All Rights Reserved - New York Tech Media