Ukrainian law enforcement officials have arrested Clop ransomware gang. Officials informed that they have been disrupting the infrastructure used in attacks targeting victims around the world since 2019.
Ukrainian National Police, authorities from South Korean and U.S. authorities ran a joint operation and arrested six offenders who are accused of running a double extortion scheme. Wherein if victims refusing to pay a ransom then these hackers threatened them with sensitive monetary leak and personal data.
“Together, law enforcement has managed to shut down the infrastructure from where the virus spreads and block channels for legalizing criminally acquired cryptocurrencies," the National Police said.
Law enforcement officers seized computer equipment, cars and $ 184,679 (5 million hryvnia} in 21 searches in the Kiev region. This seizure includes the defendant’s car and house.
Clop ransomware defendants will face up to 8 years imprisonment for unauthorized intrusion/snooping in the home or work computers, AI systems, Computer and telecommunication networks. It is still not disclosed whether these defendants are just affiliate or core developer of ransomware operations.
Clop Ransomware Previous Attacks :
Clop threat actors have been associated with number of high-profile attacks, including Accellion, Qualys, Software AG IT, ExecuPharm, Indiabulls since 2019. Many universities such as Maastricht University, Stanford University Medical School, University of Maryland, and University of California.
Another ransomware group named Avaddon cover up operations and passed 2,934 victims’ decryption key with Bleeping Computer Last week.
You can read below articles about to know more about Ransomware attacks.
Execution and Business Model of REvil Ransomware
REvil Ransomware Attack - JBS Foods Shutdowns Temporarily
