"Volkov, 26, has been accused of taking part in Yanluowang ransomware attacks that caused more than $9 million in losses - the cybercriminals attempted to extort $24 million in ransom from targeted organizations."
"The man served as an initial access broker for the operation, gaining access to the targeted organizations' systems and then handing over that access to other members of the operation, who specialized in malware deployment and data theft."
"In addition to the prison sentence, the Russian national has agreed to pay more than $9 million in restitution to victims."
"The Yanluowang ransomware group was active in 2021 and 2022. It made headlines in late 2021 for targeting financial corporations and other types of organizations in the United States."
Aleksei Volkov, a 26-year-old Russian national, was sentenced to 81 months in prison for his involvement in Yanluowang ransomware attacks. These attacks resulted in over $9 million in losses, with attempts to extort $24 million from targeted organizations. Volkov acted as an initial access broker, gaining system access for other cybercriminals. He was arrested in Rome and extradited to the US, where he pleaded guilty in November 2025. In addition to his prison sentence, he agreed to pay over $9 million in restitution to victims.
Read at SecurityWeek
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