"According to a Justice Department announcement, the two men and their co-conspirator agreed to pay administrators of the ALPHV BlackCat ransomware 20 percent of any ransom payments they secured, in return for use of the crimeware. The three then used their infosec skills - all are cybersecurity professionals - to plant the ransomware at five targets and once it was running, tried to extort their victims."
"The trio's ransomware rampage ran from May to November 2023 and saw them infect a medical device company, a pharmaceutical firm, a doctor's office, an engineering company, and a drone manufacturer. Only one victim - the medical device company - paid up, to the tune of around $1.2 million in bitcoin. The three perps split that payment three ways and tried to launder the proceeds, the DOJ says."
Ryan Clifford Goldberg and Kevin Tyler Martin pleaded guilty to one count of conspiracy to obstruct, delay, or affect commerce by extortion. The two and an unnamed co-conspirator agreed to pay ALPHV BlackCat administrators 20 percent of any ransom payments for use of the ransomware. The trio used cybersecurity expertise to infect five targets between May and November 2023, including a medical device company, a pharmaceutical firm, a doctor's office, an engineering company, and a drone manufacturer. Only the medical device company paid about $1.2 million in bitcoin, which the three split and attempted to launder. Sentencing is scheduled for March with potential sentences up to 20 years each. ALPHV previously impacted Change Healthcare in 2024, disrupting pharmacy prescription processing.
Read at Theregister
Unable to calculate read time
Collection
[
|
...
]