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#AceNewsRoom With ‘Kindness & Wisdom’ Nov.13, 2022 @acenewsservices

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#AceNewsDesk – A criminal complaint filed in the District of New Jersey was unsealed today charging a dual Russian and Canadian national for his alleged participation in the LockBit global ransomware campaign.

Mikhail Vasiliev, 33, of Bradford, Ontario, Canada, is in custody in Canada and is awaiting extradition to the United States.

“This arrest is the result of over two-and-a-half-years of investigation into the LockBit ransomware group, which has harmed victims in the United States and around the world,” said Deputy Attorney General Lisa O. Monaco. “It is also a result of more than a decade of experience that FBI agents, Justice Department prosecutors, and our international partners have built dismantling cyber threats. Let this be yet another warning to ransomware actors: working with partners around the world, the Department of Justice will continue to disrupt cyber threats and hold perpetrators to account. With our partners, we will use every available tool to disrupt, deter, and punish cyber criminals.”

“Yesterday’s successful arrest demonstrates our ability to maintain and apply relentless pressure against our adversaries,” said FBI Deputy Director Paul Abbate. “The FBI’s persistent investigative efforts, in close collaboration with our federal and international partners, illustrates our commitment to using all of our resources to ensure we protect the American public from these global cyber threat actors.”

According to court documents, LockBit is a ransomware variant that first appeared in or around January 2020. It has become one of the most active and destructive ransomware variants in the world. Since first appearing, LockBit has been deployed against at least as many as 1,000 victims in the United States and around the world. LockBit members have made at least $100 million in ransom demands and have extracted tens of millions of dollars in actual ransom payments from their victims. The FBI has been investigating the LockBit conspiracy since in or around March 2020.     

According to court documents, Vasiliev allegedly participated in the LockBit campaign. He is charged with conspiracy to intentionally damage protected computers and to transmit ransom demands. If convicted, he faces a maximum of five years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

Arrest in Canada of LockBit operator behind destructive ransomware attacks according to EuroPol Report: Published on: 10 Nov 2022

One of the world’s most prolific ransomware operators has been arrested on 26 October in Ontario, Canada, following a complex investigation led by the French National Gendarmerie (Gendarmerie Nationale), with the support of Europol, the US Federal Bureau of Investigation (FBI) and the Canadian Royal Canadian Mounted Police (RCMP).

A 33-year old Russian national, the suspect is believed to have deployed the LockBit ransomware to carry out attacks against critical infrastructure and large industrial groups across the world. He is known for his extortionate ransom demands ranging between €5 to €70 million.

This arrest is the follow-up of an action carried out in Ukraine in October 2021 which led to the arrests of two of his accomplices.

Facilitated by Europol, investigators across the world have since then continued to work closely together to identify the whereabouts of the main operator. This suspect was one of Europol’s high-value targets due to his involvement in numerous high-profile ransomware cases. 

Investigators from the French Gendarmerie, the US FBI and Europol’s European Cybercrime Centre (EC3) were deployed to Ontario to jointly conduct investigative measures with the Canadian law enforcement authorities.  

The following was seized at the suspect’s home:

• 2 firearms
• 8 computers and 32 external hard drives
• EUR 400 000 in cryptocurrencies 

The suspect will now faces charges in the United States. 

This operation was carried out with the financial support of the European Multidisciplinary Platform Against Criminal Threats (EMPACT). 
 

A criminal complaint is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

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