Yanluowang initial access broker pleaded guilty to ransomware attacks

Yanluowang initial access broker pleaded guilty to ransomware attacks

A Russian national, Aleksey Olegovich Volkov, is set to plead guilty for acting as an initial access broker for Yanluowang ransomware attacks targeting multiple U.S. companies between 2021 and 2022. Investigations linked him to network breaches, ransom negotiations, and receiving a portion of $1.5 million in ransom payments. #Yanluowang #LockBit

Keypoints

  • Aleksey Volkov acted as an initial access broker for Yanluowang ransomware group.
  • He facilitated breaches of at least eight U.S. companies and negotiated ransom deals.
  • Volkov’s identity was traced through iCloud, cryptocurrency records, and social media.
  • The FBI recovered evidence including chat logs, stolen data, and victim credentials.
  • He faces up to 53 years in prison and $9.1 million in restitution for his role in the attacks.

Read More: https://www.bleepingcomputer.com/news/security/yanluowang-initial-access-broker-pleaded-guilty-to-ransomware-attacks/