Karen Serobovich Vardanyan pleaded guilty to taking part in Ryuk ransomware attacks that targeted three U.S.-based organizations between 2019 and 2020. He agreed to pay nearly $1.2 million in restitution and now faces up to 15 years in prison, with immigration consequences after his sentence. #Ryuk #KarenSerobovichVardanyan
Keypoints
- Vardanyan pleaded guilty to computer fraud and conspiracy to commit fraud and extortion.
- He admitted involvement in Ryuk ransomware attacks from November 2019 to April 2020.
- The attacks hit a Michigan company, a technology company in Oregon, and a Texas school.
- Prosecutors said the broader scheme targeted hundreds of compromised servers and workstations.
- Ryuk operators collected about 1,160 bitcoins in ransom payments from victims.
Read More: https://cyberscoop.com/karen-vardanyan-armenian-ryuk-ransomware-guilty/