LockBit ransomware indictment and reward for Russian

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LockBit ransomware indictment and reward for Russian

Dmitry Yuryevich Khoroshev, Russian national and a leader of LockBit.

Courtesy: U.S. Department of the Treasury

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on Tuesday announced ********* charges against a Russian national, Dmitry Yuryevich Khoroshev, for allegedly creating, developing and administrating the LockBit ransomware-as-a-service group.

The U.S. State Department at the same time offered a

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for information leading to the apprehension and arrest of Khoroshev, a 31-year-old from Voronezh, Russia.

The

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also imposed sanctions on Khoroshev, blocking all property and interests he holds in the U.S. or are in the possession of Americans.

The Department of Justice said the LockBit group led by Khoroshev at times was “the most prolific ransomware group in the world,” targeting more than 2,000 victims, most of them in the U.S., stealing more than $500 million in ransomware payments, and causing billions of dollars more in broader losses including lost revenue.

LockBit’s ransomware-as-a-service model licensed its software to other cybercriminals in exchange for payments that included a percentage of ransoms paid by victims, which included “individuals, small businesses, multinational corporations, hospitals, schools, nonprofit organizations, critical infrastructure, and government and law-enforcement agencies,” according to the DOJ.

Khoroshev, who also is known as LockBitSupp, LockBit and putinkrab, was charged in a 26-count indictment in U.S. District Court in New Jersey, which accuses him of personally pocketing at least $100 million from victims of the group. He typically received 20% of each ransom payment, authorities said.

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The charges, unsealed Tuesday, come three months after

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in the U.K., working with the DOJ, FBI and other international agencies, seized public websites used by LockBit, and seized control of servers used by administrators for the group.

The DOJ said LockBit infrastructure seized by law enforcement in February showed “that Khoroshev retained copies of data stolen from LockBit victims who had paid the demanded ransom.”

Khoroshev is the sixth LockBit member charged with ******* related to the group. One of them,

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, is in custody awaiting trial in New Jersey federal court, while another,

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, is in custody in Canada awaiting extradition to the U.S.

Khoroshev is charged with *********** to commit ******, extortion and related activity in connection with computers; *********** to commit wire ******; intentional damage to a protected computer; extortion in relation to confidential information from a protected computer; and extortion in relation to damage to a protected computer.

He faces a maximum possible sentence of 185 years in prison if convicted.

“The LockBit ransomware group represented one of the most prolific ransomware variants across the globe, causing billions of dollars in losses and wreaking havoc on critical infrastructure, including schools and hospitals,” said FBI Director Christopher Wray in a statement.

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Cybersecurity,Business,Laws,******,******* Kingdom,Hacking,******* States,Securities ******,Cybersecurity,***********,Collusion,Politics,Breaking News: Politics,business news
#LockBit #ransomware #indictment #reward #Russian

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