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In accordance with the FSB, Russia’s Federal Safety Bureau (ФСБ), the ransomware gang identified in each Russian and English by the nickname “REvil” has been taken down:
ФСБ России установлен полный состав преступного сообщества «REvil»
The Russian FSB has recognized the complete legal enterprise referred to as “REvil”
In our zest to let you know what we’re advised occurred, we’re admittedly counting on automated translation of the report, however so far as we are able to inform, the FSB claims that the investigation has led to:
- Police raids on 25 addresses in at the least Moscow, St Petersburg, Moscow, Leningrad and Lipetsk.
- Quite a few arrests. As much as 14 people had been implicated, however the report doesn’t say what number of had been truly taken into custody.
- Greater than US$5,000,000 confiscated within the type of rubles and cryptocoins.
- US$600,000 and EUR500,000 seized in money.
- 20 fancy motors towed away on the grounds that they had been “bought with the proceeds of crime”.
The US connection
The FSB report explicitly mentions that the investigation and the raid had been initiated by a request obtained from US regulation enforcement,which had apparently recognized the REvil ringleader and offered proof of the gang’s involvement in legal extortion towards US victims.
The FSB additionally gives a bullish conclusion,claiming that because of the raid “this cybergang ceased to exist,and its legal infrastructure was neutralised”.
We hope that’s true,and that the core of the REvil ransomware-as-a-service operation actually is now out of motion…
…however the true downside with modern cybercrime is that [a] there are lots of ransomware gangs nonetheless working,albeit now with much less impunity than earlier than,and [b] there are lots of different kinds of cybercrime.
Spammers,scammers,adware pushers,phishers,password stealers,cash launderers,pretend assist callers,and any variety of different cybercrime perpetrators are nonetheless on the market,and plenty of of those will in all probability not be affected by this raid in any respect.
What to do?
So,regardless of this welcome information:
- Do not forget that prevention is best than remedy.
- Don’t let your guard down.
- Patch early,patch usually.
- Encourage your customers to report suspicious on-line exercise.
And,whilst you’re about it,why not learn the recommendation from our newest State of Ransomwarereport?
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