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Security Service of Ukraine arrests ransomware group for attack on 50 firms

Ukraine Cyber Specialists from the Security Service of Ukraine performed a joint operation with the cyber police, American and British partner to eliminate a powerful group of hackers.

And they successfully detained five criminals that belong to a ransomware gang who were responsible for launching attacks on 50 companies that belong to the America and Europe. However, the ransomware gang they belong to has not been disclosed yet.

More on the Ukrainian ransomware gang arrest

The arrests happened earlier this week with the lead hacker being a 36 year old Kyiv resident, his spouse and three other individuals. The arrests were justified by the groups illegal and malicious act on government and private bodies to encrypt and steal data, with ransomware and DDOS attacks.

As per the Ukrainian authorities statement, The entire act was administered from their personal devices, and to avoid illegal claims they impersonated with different names on the Darknet network. Adding to that they had connections and network to launder their money and profits to payment cards owned by fictitious individuals. After some analysis, the Ukrainian authorities claimed that the gang has made around one million from the attacks.

The authorities performed a thorough search on nine different locations were the raids were done with assistance from law enforcement agencies of the US and UK. Equipment seized includes laptops, desktops, mobile phones, credit/debit cards, flash drive and three cars.

Authorities from other countries are also ready to detain and investigate the criminals as the attacks were carried out overseas as well.

However, we need to appreciate the Ukrainian authorities for their continuous filtration and cyber warfare procedure that they have been taking since the beginning of 2021.

Source: Security Service of Ukraine

Appreciation to the Ukrainian Cyber Authorities

This is the fifth major ransomware arrest carried out by the Ukrainian Cyber Security team,

  • Feb 2021: Egregor ransomware gang arrest
  • Jun 2021: Clop ransomware gang arrest
  • Oct 2021: REvil ransomware gang arrest, MegaCortex and LockerGoga ransomware gang arrest.

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William Marshal

William has been one of the key contributors to 'The Cybersecurity Times' with 9.5 years of experience in the cybersecurity journalism. Apart from writing, he also like hiking, skating and coding.

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