REvil Cyber Ransomware Gang Members Arrested

The Federal Security Service (FSB) of the Russian Federation say they have shut down the REvil ransomware gang after German authorities identifed the gang the leader. At least 14 members of the cyber crime group have been arrested following police raids at 25 addresses, the security agency said  in a statement 

Raids were conducted at 25 residents owned by 14 members suspected to be part of the REvil team across Moscow, St. Petersburg, Leningrad, and the Lipetsk regions. Authorities said they seized more than 426 million roubles, $600,000, and €500,000 in cash, along with crypto currency wallets, computers and expensive cars.

The United States had offered a reward of up to $10m (£7.3m) for information leading to the gang members, following ransomware attacks. Russia's intelligence bureau FSB said the group had "ceased to exist", however, it does not appear that any Russian members of the gang will be extradited to the United States. 

According to the Russian state news service Tass, REvil "developed malicious software" and "organised the theft of money from the bank accounts of foreign citizens".

In addition to cash and crypto-currency tokens, the Russian authorities confiscated 20 luxury cars purchased with money obtained from cyber attacks, computer equipment and crypto currency wallets used to develop and maintain the criminal operation."The organised criminal association has ceased to exist and the information infrastructure used for criminal purposes was neutralised," the FSB said in a statement.

The Russian announcement comes during a tense confrontation between the United States and Russia over the national integrity of Ukraine which has been subject to a wave of damaging cyber attacks against government websites.

The FSB has not released the names of any of the suspects. However, the Russian security service says it “established the full composition of the REvil criminal community,” suggesting the main leaders behind the gang have been detained. The gang’s widespread hacking activities prompted US President Joe Biden administration to order US intelligence agencies to investigate REvil along with ither foreig hackers.  

Future Ransomware Attacks

There was a turning point in 2021 in the fight against ransomware as the collaboration among law enforcement agencies led to high-profile arrests, and the business of ransomware has become riskier for criminals. Western law enforcement agencies formed dedicated units, including Europol’s Joint Cybercrime Action Task Force or the FBI’s National Cyber Investigative Joint Task Force. This led to breakthrough arrests and the seizure of millions of dollars in crypto currency, however, the bigger these groups become, the more of a target they are for law enforcement.

As a result, cyber criminals are diversifying their methods to avoid detection by using a wider variety of attack vectors. 

Some of the groups are automating their attacks or reducing their reliance on affiliates, partner organisations that help identify and infect targets with their malware. Looking forward, the concentration of ransomware gangs into fewer, more powerful groups means that companies in the private sector must maintain the highest levels of alert.

TASS:   The Record:     BBC:      WashPo:    Vice:      Bleeping Computer:    PCMag:   ZDNet:     I-HLS:

You Might Also Read: 

North Korean Hackers Stole $400m In Crypto Currency:

 

« Process Sensor Cyber Security Is A Vital Issue
Google Buys Siemplify For $500m »

CyberSecurity Jobsite
Perimeter 81

Directory of Suppliers

Cyber Security Supplier Directory

Cyber Security Supplier Directory

Our Supplier Directory lists 6,000+ specialist cyber security service providers in 128 countries worldwide. IS YOUR ORGANISATION LISTED?

ON-DEMAND WEBINAR: What Is A Next-Generation Firewall (and why does it matter)?

ON-DEMAND WEBINAR: What Is A Next-Generation Firewall (and why does it matter)?

Watch this webinar to hear security experts from Amazon Web Services (AWS) and SANS break down the myths and realities of what an NGFW is, how to use one, and what it can do for your security posture.

North Infosec Testing (North IT)

North Infosec Testing (North IT)

North IT (North Infosec Testing) are an award-winning provider of web, software, and application penetration testing.

Practice Labs

Practice Labs

Practice Labs is an IT competency hub, where live-lab environments give access to real equipment for hands-on practice of essential cybersecurity skills.

XYPRO Technology

XYPRO Technology

XYPRO is the market leader in HPE Non-Stop Security, Risk Management and Compliance.

Global Knowledge Training

Global Knowledge Training

Global Knowledge is a worldwide leader in IT and business training, featuring Cisco, Microsoft, VMware, IBM, security, cloud computing, and project management.

DCL Search & Select

DCL Search & Select

DCL Search & Selection connect candidates to the best companies in the IT Security, Telco, UC, Outsourcing, ERP, Audit & Control markets.

Cyber Defense Media Group (CDMG)

Cyber Defense Media Group (CDMG)

CDMG is the leading global media group for all things cyber defense.

Talend

Talend

Talend is a leader in cloud and big data integration software. Applications include Risk and Compliance management.

GovCERT.HK

GovCERT.HK

GovCERT.HK is the Government Computer Emergency Response Team for Hong Kong.

Information Security Research Group - University of South Wales

Information Security Research Group - University of South Wales

The Information Security Research Group has an international reputation in the areas of network security, computer forensics and threat analysis.

Paramount Computer Systems

Paramount Computer Systems

Paramount is a regional leader in the Middle East for cybersecurity solutions and consulting services.

Disklabs

Disklabs

Disklabs are industry leaders in data recovery, digital forensics and data erasure.

Galvanize

Galvanize

Galvanize is a leading provider of award-winning, cloud-based security, risk management, compliance, and audit software for some of the world’s largest organizations.

Horangi

Horangi

Horangi provides security products and services that enable the rapid delivery of Incident Response and threat detection for our customers who lack the scale, expertise, or time to do it themselves.

ALTR

ALTR

ALTR provide software-embedded solutions for data security and privacy.

Upstack

Upstack

UPSTACK - One partner, end-to-end expertise, helping develop the solutions you need – when you need them.

LastPass

LastPass

LastPass provides award-winning password and identity management solutions that are convenient, effortless, and easy to manage.

StrongBox IT

StrongBox IT

Strongbox IT provides solutions to secure web applications and infrastructure.

nandin Innovation Centre

nandin Innovation Centre

nandin is ANSTO’s Innovation Centre (Australian Nuclear Science and Technology Organisation) where science and technology entrepreneurs, startups and graduates come together.

SoConnect

SoConnect

SoConnect provides safe, secured, and taken care of IT, with infrastructure built around you and your business.