Ransomware gang behind attacks on 50 companies arrested in Ukraine

Catalin Cimpanu reports:

Ukrainian authorities have detained five members part of a ransomware gang that carried out attacks against more than 50 companies across Europe and the Americas.

The arrests, which took place earlier this week, targeted the group’s leader, a 36-year-old Kyiv resident, his wife, and three acquaintances.

Officials said the group hacked into government and private enterprise networks to steal data, installed ransomware to extort the victims, and also carried out DDoS attacks to paralyze the hacked networks.

Read more at The Record.

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