Ukraine police seize cash in raids on major ransomware gang


The most potent ransomware gangs operate with Kremlin tolerance, based out of reach of Western law enforcement. Russia neither prosecutes not extradites them. — Dreamstime/TNS

MOSCOW: Ukrainian police have carried out nearly two dozen raids targeting alleged associates of a Russian-speaking ransomware gang it blamed for a half billion dollars in cyberattacks and extortion that hit the United States and South Korea especially hard.

A police statement on June 16 said 21 raids were conducted on the homes of suspects affiliated with the Clop ransomware syndicate in Kyiv and elsewhere, with computer equipment and about 5mil hryna (US$185,000 or RM764,697) in cash seized.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Ransomware , law enforcement

   

Next In Tech News

In an online world, a new generation of protesters chooses anonymity
After two winsome Ori games, a pivot into dark fantasy
Teenager in China dies of heart attack after teacher forces her to exercise, insists illness is ‘fake’, delays first aid, enrages mainland social media
NoSpace is Gen Z’s answer to MySpace
What if customers were rewarded for tipping their meal delivery drivers?
Reddit CEO beneficially owns 61.5% of class A shares, regulatory filing shows
Exclusive-Stanford AI leader Fei-Fei Li building 'spatial intelligence' startup
Tech platforms make pitch for ad deals as TikTok is roiled by politics
Intesa targets new digital-only clients after antitrust blow
Paramount will let exclusive talks with Skydance lapse

Others Also Read