"Ryan Goldberg and Kevin Martin, both cybersecurity experts, were sentenced to four years in prison after pleading guilty to conspiracy to obstruct interstate commerce by extortion. They were involved in ransomware attacks targeting various companies."
"The trio of cybersecurity professionals used BlackCat and Alphv ransomware to extort victims, receiving approximately $1.2 million from one victim and laundering their earnings through various methods."
"More than 1,000 organizations were targeted in BlackCat ransomware attacks between November 2021 and December 2023, leading to significant financial losses for the victims involved."
Ryan Goldberg and Kevin Martin received four-year prison sentences after pleading guilty to conspiracy related to ransomware attacks. They, along with Angelo Martino, targeted companies using BlackCat and Alphv ransomware. The trio, previously cybersecurity professionals, extorted victims and laundered their earnings. Over 1,000 organizations were affected by these attacks between November 2021 and December 2023. Authorities disrupted the operation, which had netted significant ransoms, including a $22 million payout. Martino's sentencing is set for July 9, and a reward for information on the group remains unclaimed.
Read at SecurityWeek
Unable to calculate read time
Collection
[
|
...
]