Russia says it has neutralized the cutthroat REvil ransomware gang

Skull and crossbones in binary code

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Russian legislation enforcement authorities mentioned on Friday that they’ve arrested 14 folks related to REvil, a high ransomware group that has disrupted crucial operations of rich targets and held their knowledge hostage.

The motion, carried out by Russia’s FSB, the successor company to the KGB, is a uncommon instance of the nation’s authorities cracking down on cybercrime by its residents. The US and Russia don’t have any extradition treaty in place, and critics have mentioned the Kremlin routinely harbors cybercriminals so long as they don’t goal organizations situated within the former Soviet Union. The arrests come as tensions between Russia and the US escalate over a standoff involving Ukraine.

Huge-game hunter neutralized

“The FSB of Russia established the total composition of the felony neighborhood ‘REvil’ and the involvement of its members within the unlawful circulation of technique of fee and documented unlawful actions,” Russian officers wrote. “In an effort to implement the felony plan, these individuals developed malicious software program and arranged the theft of funds from the financial institution accounts of overseas residents and their cashing, together with by buying costly items on the Web.”

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