The United States Department of Justice (DOJ) has indicted a Russian man who allegedly participated in deploying numerous ransomware schemes in the United States and around the globe that netted up to $200 million.
Mikhail Pavlovich Matveev faces charges of conspiring to transmit ransom demands, conspiring to damage protected computers and intentionally damaging protected computers.
If convicted, Matveev could spend over 20 years behind bars.
Mateev and his conspirators allegedly accessed numerous vulnerable computer systems via hacking or illegally purchased credentials betwixt 2020 and 2022, reports by the DOJ.
After cracking into victims’ computers, they would deploy one of 3 ransomware variants, known as LockBit, Babuk and Hive, enabling the bad actors to steal and encrypt data.
The team would following that issue the victim a ransom note. Victims who failed to pay would often have their private data posted online.
Mateev’s ransomware deployments allegedly announced up to $400 Million worth of ransom demands and secured up to $200 Million in payments.
Philip R. Sellinger, the United States Attorney for the District of New Jersey, reveals Mateev and his conspirators allegedly hit numerous public sector agencies, including law enforcement.
“From Russia and hiding behind numerous aliases, Matveev is alleged to have used these ransomware strains to encrypt and hold hostage for ransom the data of numerous victims, including hospitals, schools, nonprofits, and law enforcement agencies, like the Metropolitan Police Department in Washington, D.C. Thanks to the extraordinary investigative work of prosecutors from my office and our FBI partners, Matveev no longer hides in the shadows – we have publicly identified his criminal acts and charged him with numerous federal crimes.”
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