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US Authorities Indict Russian-Canadian for Alleged Links to Ransomware Group

US authorities have indicted a 33-year-old Russian-Canadian living north of Toronto on suspicion of participating in a global ransomware operation.

The U.S. Department of Justice (DOJ) said Thursday that a resident of Bradford, Ontario, is currently in custody in Canada and awaiting extradition to the United States.

A dual citizen of Russia and Canada, the man was arrested on suspicion of being involved in LockBit’s global ransomware campaign.

LockBit is ransomware that first appeared around January 2020, DOJ said in a news release.

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According to the ministry, LockBit has affected at least 1,000 victims in the United States and around the world.

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According to DOJ, LockBit members demanded a ransom of at least $100 million and extorted millions of dollars from victims.

Authorities said the arrest was the result of a more than two-and-a-half-year investigation into the LockBit ransomware group.


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Deputy Attorney General Lisa O. Monaco said in a news release:

“We, together with our partners, use all available tools to disrupt, deter and punish cybercriminals.”

Mikhail Vasiliev has been charged with conspiracy to intentionally damage protected computers and send ransom demands. If convicted, he faces up to his five years in prison.

© 2022 Global News, a division of Corus Entertainment Inc.



US Authorities Indict Russian-Canadian for Alleged Links to Ransomware Group

Source link US Authorities Indict Russian-Canadian for Alleged Links to Ransomware Group

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