U.S. Offered $10M for Hacker Just Arrested by Russia
Summary: Russia's interior ministry charged a 32-year-old hacker with creating and using malicious software, and RIA Novosti cited anonymous sources identifying the detained man as Mikhail Matveev, whom the U.S. indicted as a top ransomware purveyor and sought with a $10 million reward. Matveev, known as "Wazawaka" and "Boriselcin," worked with at least three ransomware gangs that U.S. prosecutors allege extorted hundreds of millions of dollars from companies, schools, hospitals and government agencies.
Key Takeaway: Intel 471 assessed the arrest is likely a shakedown by Kaliningrad authorities of a local internet thug holding tens of millions of dollars in cryptocurrency, and concluded that none of this would mark meaningful progress against ransomware.
Read the original at Krebs on Security ↗
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- Cybercrime & Law Enforcement
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