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A Latvian national extradited to the United States was sentenced to 8.5 years in prison for his "cold case" negotiator role in the Russian Karakurt ransomware group. [...]
A member of the Russian Karakurt ransomware group has been charged in the U.S. for money laundering, wire fraud, and extortion crimes. [...]
Russia-linked ransomware gang Black Basta has raked in at least $100 million in ransom payments from more than 90 victims since it first surfaced in April 2022, according to joint research from Corvus Insurance and Elliptic. [...]
This week's big news is the extortion attacks on the Caesars and MGM Las Vegas casino chains, with one having already paid the ransom and the other still facing operational disruptions. [...]