The latest in an unusual change of fortune for group once protected by the Kremlin
An alleged former affiliate of the LockBit and Babuk ransomware operations, who also just happens to be one of the most wanted cybercriminals in the US, is now reportedly in handcuffs.
The charges relate to a January investigation and the Russian prosecutor's office claimed Matveev had developed a ransomware program to use against commercial organizations. At this time, he was still an affiliate of both the LockBit and Babuk programs. Generally speaking, Russia doesn't prosecute its own cybercriminals. There are plenty of suspected online criminals roaming freely around the country, mainly because they do not target Russian or allied organizations. At least, that's the widely held belief.
REvil was the prominent ransomware operation of its time. The LockBit of 2021. It was responsible for one of the most notorious cyberattacks of all time, thethat the REvil arrests were made after President Joe Biden asked Putin via phone call to stop the members' antics. However, Robinson offered up another theory. The rising cost of Russia's war in Ukraine has led it to seek new sources of funds from those who have financially benefited so greatly from its somewhat permissive attitude towards cybercriminality.
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