Welcome

White House Praises Russia’s Arrest of Ransomware Gang Members

Jan. 14, 2022, 10:42 PM

The Biden administration praised the Kremlin for detaining members of a notorious ransomware gang at the request of the U.S. in a sweeping operation across Russia.

Law enforcement raided the homes of 14 members of the gang REvil and seized currencies worth nearly $7 million, cryptowallets and 20 luxury cars, according to a statement Friday by Russia’s Federal Security Service, known as FSB. Authorities in the U.S. have been informed that the group was shut down, it said.

REvil, short for Ransomware-Evil, has been among the most prolific cyber gangs and was accused of leading a flurry of attacks last ...

To read the full article log in.

Learn more about a Bloomberg Law subscription.