Third US Security Expert Admits Helping Ransomware Gang

Third US Security Expert Admits Helping Ransomware Gang
A third man, Angelo Martino, has pleaded guilty to participating in ransomware attacks while working for a cybersecurity company hired to negotiate with hackers. Authorities say Martino and two co-defendants provided confidential negotiation information to the BlackCat/Alphv group, received payments, and face up to 20 years in prison. #BlackCat #AngeloMartino

Keypoints

  • Angelo Martino pleaded guilty to aiding ransomware attackers while employed as a negotiator at an incident response firm.
  • Martino, Kevin Martin, and Ryan Goldberg are accused of helping attackers in exchange for a share of ransom payments.
  • The Justice Department says Martino provided BlackCat/Alphv with confidential information for negotiations involving five victim companies.
  • Law enforcement seized $10 million in assets from Martino, and each defendant faces up to 20 years in prison.
  • BlackCat targeted over 1,000 organizations between November 2021 and December 2023 and later received a $22 million ransom before an apparent exit scam.

Read More: https://www.securityweek.com/third-us-security-expert-admits-helping-ransomware-gang/