Europol Arrests 2 'Prolific' Ransomware Operators

A joint strike involving the FBI, the Ukrainian National Police, the French National Gendarmerie, and INTERPOL has led to the arrest of “two prolific ransomware operators known for their extortionate ransom demands” ranging from $5.8 to $81.2 million.

The agency says this strike led to the search of seven different properties in Ukraine, the freezing of $1.3 million worth of cryptocurrency, and the seizure of $375,000 in cash, as well as two luxury cars worth approximately $252,000.

Europol doesn’t offer many details about the arrested pair. “The criminals would deploy malware and steal sensitive data from these companies, before encrypting their files,” it says. “They would then proceed to offer a decryption key in return for a ransom payment of several millions of euros, threatening to leak the stolen data on the dark web should their demands not be met.”

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