Global Ransomware Crackdown Leads to Arrests

by Wall Street Rebel | Michael London | 11/08/2021 11:02 AM
Global Ransomware Crackdown Leads to Arrests

The arrests were made as part of the GoldDust investigation involving the US and 16 other nations.

 

On Monday, Europol said that two suspected hackers were detained for ransomware assaults that resulted in 5,000 infections. The arrests were made as part of a worldwide cybercrime investigation, according to Europol.

They were apprehended by Romanian officials last week, and their identities were withheld from the media.

Ransom payments totaled about half a million euros, according to officials, who said the assaults were carried out by the ransomware group REvil.

The arrests were made as part of a law enforcement operation known as GoldDust, which encompassed the United States and 16 other nations in addition to the United States.

In recent months, it has been reported that REvil (also known as Sodinokibi) was responsible for a ransomware assault on JBS SA, the world's biggest meat processor, and for a Fourth of July weekend attack that disrupted companies throughout the globe.

In an interview with The Associated Press last week, Deputy Attorney General Lisa Monaco seemed to presage Monday's news, stating that "in the days and weeks to ahead, you're going to see additional arrests."

The Justice Department has attempted a number of different approaches to dealing with a ransomware outbreak that it considers to be national security and economic danger.

The arrest of foreign hackers is essential for the Justice Department because many operate in nations that do not extradite their own nationals to the United States for punishment, making them a valuable source of information.

In what authorities described as a "major" law enforcement announcement, Attorney General Merrick Garland, Monaco, and FBI Director Christopher Wray were all slated to attend a press conference at the Justice Department on Monday afternoon.

Earlier this year, the Justice Department confiscated $2.3 million in cryptocurrencies from a payment made by Colonial Pipeline due to a ransomware assault that prompted the firm to briefly suspend operations, resulting in gasoline shortages in some regions of the nation.

 

                    REvil Taken Down By Law Enforcement

 

 

[Strategic Investment: The Post WWII World Order is About to Collapse]

 

 

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