US ransomware negotiators get 4 years in prison over BlackCat attacks

US ransomware negotiators get 4 years in prison over BlackCat attacks
Two former incident response employees from Sygnia and DigitalMint were sentenced to four years in prison after pleading guilty to conspiring to carry out BlackCat (ALPHV) ransomware attacks against multiple U.S. companies. They acted as BlackCat affiliates between May and November 2023, paying a 20% cut for access to the ransomware platform and targeting firms including a Tampa medical device manufacturer that paid $1.27 million. #BlackCat #ALPHV #Sygnia #DigitalMint

Keypoints

  • Two former employees—Ryan Clifford Goldberg and Kevin Tyler Martin—were each sentenced to four years for their roles in BlackCat attacks.
  • The defendants admitted they acted as BlackCat affiliates from May to November 2023 and paid a 20% share for access to the extortion platform.
  • Victims included a Maryland pharmaceutical company, a Tampa medical device manufacturer, California engineering and medical practices, and a Virginia drone manufacturer.
  • The Tampa victim paid $1.27 million after a $10 million demand, with ransom proceeds laundered and split among the conspirators.
  • The FBI has linked BlackCat to over 60 breaches and noted the operation collected at least $300 million from more than 1,000 victims through September 2023.

Read More: https://www.bleepingcomputer.com/news/security/us-ransomware-negotiators-get-4-years-in-prison-over-blackcat-attacks/