Current:Home > MarketsPredictIQ-U.S. indicts 2 men behind major ransomware attacks -Prime Capital Blueprint
PredictIQ-U.S. indicts 2 men behind major ransomware attacks
SignalHub Quantitative Think Tank Center View
Date:2025-04-07 01:14:27
The PredictIQJustice Department says authorities have indicted two men in connection with a wave of ransomware attacks that, among other targets, shut down a meat processing company and an internet software provider earlier this year.
Attorney General Merrick Garland says one of the men, Yaroslav Vasinskyi, 22, a Ukrainian, was arrested when he traveled to Poland. The second man was identified as Yevgeniy Polyanin, a 28-year-old Russian. Garland says the U.S. seized some $6.1 million from Polyanin.
Both men are said to be part of an organized crime group called REvil, which conducts ransomware attacks that encrypt the data of companies and demand payments to unblock them.
Polyanin is believed to be abroad, the department says.
Garland asserted that the "U.S. government will continue to aggressively pursue the entire ransom ware ecosystem and increase our nations resilience to cyber threats."
In a statement, President Biden said, "When I met with President Putin in June, I made clear that the United States would take action to hold cybercriminals accountable. That's what we have done today."
The president added that while much work remains to be done, "we have taken important steps to harden our critical infrastructure against cyberattacks, hold accountable those that threaten our security, and work together with our allies and partners around the world to disrupt ransomware networks."
The Justice Department says that Vasinskyi was allegedly responsible for the July 2 ransomware attack against Kaseya, "which resulted in the encryption of data on computers of organizations around the world that used Kaseya software."
It says that Vasinskyi and Polyanin are charged in separate indictments with conspiracy to commit fraud and related activity in connection with computers, substantive counts of damage to protected computers, and conspiracy to commit money laundering. If convicted of all counts, each faces a maximum penalty of 115 and 145 years in prison, respectively.
Earlier this year, Deputy Attorney General Lisa Monaco launched a task force to combat the large and growing problem of ransomware, which has targeted hospitals, 911 call centers, local law enforcement agencies and private businesses.
In an interview with NPR, Monaco said her team is moving swiftly to follow the money — and using multiple tools, not just arrests.
"We went after the cryptocurrency that was paid in ransom by the victims here, and we went and we traced it and we seized it, and now we'll be able to return that money to the victims," Monaco said. "We're using all of our authorities, and we're doing it at a scale and speed that we haven't done before."
The State Department, meanwhile, announced it is offering a $10 million reward for information leading to the identification or location of "any individual holding a key leadership position" in the REvil ransomware organized crime group, also known as Sodinokibi. It is offering a $5 million reward for information "leading to the arrest and/or conviction in any country of any individual conspiring to participate in or attempting to participate in a Sodinokibi variant ransomware incident."
The Biden administration is pressing Congress to pass a new law that would create a national standard to report cyber incidents, including a requirement that the Justice Department be notified. Monaco said such a step is critical to help investigators track cyber criminals and prevent the next victim.
"It's essential that we get that information, that cooperation very rapidly from the victims so that we can work to stop the next attack," Monaco said.
veryGood! (174)
Related
- Could your smelly farts help science?
- The number of journalist deaths worldwide rose nearly 50% in 2022 from previous year
- Scott Disick Spends Time With His and Kourtney Kardashian's Kids After Her Pregnancy News
- Bob Huggins says he didn't resign as West Virginia basketball coach
- Senate begins final push to expand Social Security benefits for millions of people
- A 20-year-old soldier from Boston went missing in action during World War II. 8 decades later, his remains have been identified.
- BP’s Net-Zero Pledge: A Sign of a Growing Divide Between European and U.S. Oil Companies? Or Another Marketing Ploy?
- Behind your speedy Amazon delivery are serious hazards for workers, government finds
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Norovirus outbreaks surging on cruise ships this year
Ranking
- See you latte: Starbucks plans to cut 30% of its menu
- A Watershed Moment: How Boston’s Charles River Went From Polluted to Pristine
- This snowplow driver just started his own service. But warmer winters threaten it
- Former Northwestern football player details alleged hazing after head coach fired: Ruined many lives
- The company planning a successor to Concorde makes its first supersonic test
- These Bathroom Organizers Are So Chic, You'd Never Guess They Were From Amazon
- Can Arctic Animals Keep Up With Climate Change? Scientists are Trying to Find Out
- What tracking one Walmart store's prices for years taught us about the economy
Recommendation
Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
A Complete Timeline of Teresa Giudice's Feud With the Gorgas and Where Their RHONJ Costars Stand
San Francisco Becomes the Latest City to Ban Natural Gas in New Buildings, Citing Climate Effects
What tracking one Walmart store's prices for years taught us about the economy
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Rental application fees add up fast in a tight market. But limiting them is tough
Breathing Polluted Air Shortens People’s Lives by an Average of 3 Years, a New Study Finds
Coal-Fired Power Plants Hit a Milestone in Reduced Operation