The U.S. Department of Justice (DOJ) has indicted a Russian man who allegedly participated in deploying multiple ransomware schemes in the United States and around the world 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.
Trending: WATCH: DeSantis Shreds Woke Heckler Who Interrupted Speech
Mateev and his conspirators allegedly accessed numerous vulnerable computer systems via hacking or illegally purchased credentials between 2020 and 2022, according to the DOJ.
After cracking into victims’ computers, they would deploy one of three ransomware variants, known as LockBit, Babuk and Hive, enabling the bad actors to steal and encrypt data.
The group would subsequently issue the victim a ransom
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!