US Offers $10 Million Reward for Ukrainian Ransomware Operator

US Offers  Million Reward for Ukrainian Ransomware Operator

The US has announced a $10 million reward for information on Ukrainian national Volodymyr Viktorovich Tymoshchuk, linked to major ransomware activities including LockerGoga, MegaCortex, and Nefilim. His cybercriminal operations resulted in hundreds of millions of dollars in losses globally, but many victims managed to recover their data due to publicly available decryption keys. #LockerGoga #MegaCortex #Nefilim #Tymoshchuk #NoMoreRansomware

Keypoints

  • Volodymyr Tymoshchuk is charged with orchestrating extensive ransomware campaigns worldwide.
  • He customized ransomware to create victim-specific decryption keys, reducing the chances of paying ransom.
  • Over 250 organizations in the US and Europe were targeted between 2019 and 2020.
  • Law enforcement efforts included releasing decryption keys and arresting affiliates like Artem Stryzhak.
  • The US offers up to $10 million for information leading to Tymoshchuk’s arrest and conviction.

Read More: https://www.securityweek.com/us-offers-10-million-reward-for-ukrainian-ransomware-operator/