US Offering Reward for Information on Russian Ransomware Group
The State Department is offering rewards of up to $15 million for information leading to the arrest or conviction of people with ties to ransomware attacks carried out by LockBit and the group’s key leaders, the agency said this week.…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
The announcement was made alongside new Treasury Department sanctions that designated two Russian nationals for their ties to the Russia-based ransomware group and its cyberattacks (see 2402200033). Since 2020, LockBit has carried out over 2,000 attacks, costing more than $144 million in ransom payments, the State Department said.