"Angelo Martino's clients trusted him to respond to ransomware threats and help thwart and remedy them on behalf of victims. Instead, he betrayed them and began launching ransomware attacks himself by assisting cyber criminals and harming victims, his own employer, and the cyber incident response industry itself."
"ALPHV/BlackCat operated as a ransomware-as-a-service, meaning the gang develops and maintains the file-locking malware, while contractors working as affiliates deploy it in cyberattacks and pay back a portion of the ransom profits back to the developers."
Angelo Martino, a former ransomware negotiator, pleaded guilty to assisting cybercriminals in extorting companies. He admitted to providing confidential information to the ALPHV/BlackCat ransomware operators while pretending to work for the victims. Martino's actions aimed to maximize payouts for the criminals, for which he received a cut. He is the third ransomware negotiator to face legal consequences for similar actions. Martino faces a potential 20-year prison sentence for his role in these cyberattacks.
Read at TechCrunch
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