US authorities seized $1M from Russian ransomware gang

The U.S. Division of Justice introduced on Monday it has seized the servers and $1 million in bitcoin from the prolific Russian ransomware gang behind the BlackSuit and Royal malware. 

Based on the press launch, a coalition of world regulation enforcement companies, together with from the U.S., Canada, Germany, Eire, France, U.Okay., and others, seized 4 servers and 9 domains on July 24. As well as, authorities additionally seized round $1 million in cryptocurrency. 

BlackSuit and Royal are two various kinds of ransomware, believed to be developed by the identical Russian cybercriminal gang that has focused vital infrastructure in america and past. 

“BlackSuit actors have demanded over $500 million USD in complete and the biggest particular person ransom demand was $60 million,” the U.S. cybersecurity company CISA stated in an advisory final 12 months. 

“The BlackSuit ransomware gang’s persistent focusing on of U.S. vital infrastructure represents a critical menace to U.S. public security,” Assistant Legal professional Basic for Nationwide Safety John A. Eisenberg stated within the press launch. 

Based on ICE’s Homeland Safety Investigations, which led the investigation, Royal and BlackSuit have compromised greater than 450 victims within the U.S., “together with entities within the healthcare, schooling, public security, vitality and authorities sectors.” And, in complete, the cybercriminals have earned greater than $370 million in ransom funds since 2022. 

The recovered bitcoin was recovered from a digital forex trade account, whose funds had been frozen in January of final 12 months, in response to the announcement. 

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