Thursday, September 29, 2022
HomeCyber SecurityU.S. Authorities Provides $10 Million Reward for Info on Conti Ransomware Gang

U.S. Authorities Provides $10 Million Reward for Info on Conti Ransomware Gang


The U.S. State Division on Thursday introduced a $10 million reward for info associated to 5 people related to the Conti ransomware group.

The reward supply can be notable for the truth that it marks the primary time the face of a Conti affiliate, generally known as “Goal,” has been unmasked. The 4 different alleged members have been known as “Tramp,” “Dandis,” “Professor,” and “Reshaev.”

The federal government, in addition to in search of details about the 5 operators that would result in their identification or location, can be calling on folks to share particulars about Conti and its affiliated teams TrickBot and Wizard Spider.

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Since its rebrand from Ryuk to Conti in 2020, the transnational organized crime group has been linked to a whole lot of ransomware incidents over the previous two years.

As of January 2022, the Russia-based ransomware-as-a-service (RaaS) operation is estimated to have hit over 1,000 entities, with sufferer payouts exceeding $150 million. The State Division has dubbed Conti the “most damaging pressure of ransomware ever documented.”

An evaluation of the leaked chats between Conti members in March 2022 that emerged after the syndicate sided with Russia within the ongoing battle between the nation and Ukraine highlighted Goal’s function as a supervisor concerned in its bodily operations in Russia.

“The leaks are of an unprecedented degree and present the world how a authorities backed, multimillion-dollar ransomware gang operates,” Trellix researchers famous in March 2022.

“In some trend it was nearly like a traditional enterprise; wages wanted to be paid, software program licenses obtained, customer support initiated, and strategic alliances needed to be shaped.”

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Though the Conti model has been terminated, its members are nonetheless lively, persevering with their work by means of different ransomware and information extortion operations below totally different offshoots, together with Karakurt, Silent Ransom, Quantum, and Roy/Zeon.

The event additionally comes somewhat over three months after the company mentioned it is providing a reward of as much as $10 million for info resulting in the identification and/or location of people who maintain key management positions within the Conti staff.



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