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Wanted: Conti Hackers – US Dangles $15 Million For Info On Russian Cybercriminals

by Jet Encila
May 8, 2022
in Cryptocurrency
Reading Time: 3 mins read
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The US provided a reward of as much as $15 million for data on the Russia-based cybercrime group Conti, which has been accused of cyber-extortion assaults across the globe, State Division spokesman Ned Worth mentioned.

The Conti hacker group, one of the vital profitable and harsh Russian ransomware teams, has been answerable for a whole bunch of ransomware assaults over the previous two years, in keeping with a press release launched by Worth on Saturday.

The State Division mentioned Conti unleashed a ransomware assault in opposition to the Costa Rican authorities in April, which severely affected the nation’s exterior commerce by disrupting its customs and tax infrastructure.

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In February of this yr, the Conti group mentioned it might assault Kremlin opponents who fought again in opposition to Russia's invasion of Ukraine. (BBC)

US Hunts Down Hacker Teams

In November 2021, the US State Division additionally introduced a reward of as much as $10 million for data relating to the leaders of the REvil ransomware gang and $10 million for data relating to the leaders of the DarkSide.

The cumulative worth of ransomware assaults peaked in 2020 at $693 million, statistics from Chainalysis present.

As of the earlier yr, the overall sum paid in ransom exceeded $600 million. Nonetheless, the minor discount in general confiscated worth doesn’t point out that the menace is diminishing.

Extra Than A Thousand Victimized

Worth mentioned that the Federal Bureau of Investigation estimates that greater than a thousand victims of the Conti gang have paid over $150 million in ransomware funds.

“By giving this reward, america underscores its dedication to stopping cybercriminals from exploiting potential ransomware victims around the globe,” the State Division official mentioned.

Through the peak of the COVID-19 outbreak, Conti declared that it might not goal healthcare suppliers.

New FBI analysis signifies, nonetheless, that Conti has launched greater than 200 assaults in opposition to hospitals and different healthcare amenities and responder teams since its first look in 2018 underneath the moniker “Ryuk.”

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The chief of menace intelligence at Verify Level Software program Applied sciences, Lotem Finkelstein, acknowledged:

“Our… presumption is that such a big group, with bodily workplaces and huge cash, wouldn’t be capable to work in Russia with out the entire sanction of Russian intelligence companies, and even cooperation with them.”

Conti Breached 400 US Healthcare Amenities

In the meantime, in keeping with the information and investigation web site Krebs On Safety, Conti ravaged the healthcare trade all through 2020, and the group had entry to greater than 400 healthcare amenities in america alone by October of the identical yr, as revealed by the group’s leaked inner communications.

In February of this yr, the Conti group threatened to strike Kremlin foes who reply to Russia’s assault on Ukraine.

Conti has greater than 350 members and has been lively for nearly three years, primarily based on estimates. Since 2020, the hacker group has collected greater than $2.7 billion in ransom.

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Tags: ContiCybercriminalsDangleshackersinfoMillionRussianwanted
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