Ransomware Gang arrested in Ukraine with the combined efforts of law enforcement agencies which included National Cybercrime Centre of the National Gendarmerie (C3N) France, Cyber Police Department of the National Police of Ukraine, United States: Atlanta Field Office of the Federal Bureau of Investigation, Europol: European Cybercrime Centre (EC3) and INTERPOL: Cyber Fusion Centre.
The law enforcement agencies succeeded in arresting two prolific ransomware operators in Ukraine. known for their extortionate ransom demands (between €5 to €70 million).
The alleged ransomware gang is suspected of committing a string of targeted attacks against numerous large industrial groups in Europe and North America from April 2020 onwards. The bad actors have been known to deploy malware and steal sensitive data from the companies before encrypting the files.
Further blackmailing the victims by offering decryption key in return for a ransom payment of millions of euros and threatening to leak stolen data on the dark web on failing to meet their demands.
The two individuals of the gang in Ukraine were identified by law enforcement authorities, supported by Europol’s Joint Cybercrime Action Taskforce (J-CAT).
Europol helped the investigations, bringing all the countries to establish a joint strategy. Before the action day, the team of Europol’s cyber specialists organised 12 meetings, along with providing analytical, malware, forensic and crypto-tracing support. Europol also set up a virtual command center to ensure seamless coordination between all the authorities involved.