Russian Security Takes Down REvil Ransomware Gang

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At the request of U.S. authorities. Russia’s Federal Security Service (FSB) has swooped in to “liquidate” the REvil ransomware gang, it said on Friday. According to local reports, the country’s main security agency raided 25 locations in Leningrad, Lipetsk, Moscow and St. Petersburg, seizing assets worth more than $5.6 million (426 million rubles) in various forms, including $600,000; €500,000; various cryptocurrency amounts; and 20 luxury vehicles. The FSB said that a total of 14 alleged cybercriminals were also caught up in the raid and have been charged with “illegal circulation of means of payment.” The security service also said that it “neutralized” the gang’s infrastructure. The impetus for the attack was reportedly a formal request for action from U.S. authorities, “reporting about the leader of the criminal community and his involvement in encroachments on the information resources of foreign high-tech companies by introducing malicious software, encrypting information and extorting money for its decryption,” according to an FSB media statement. It added, “As a result of the joint actions of the FSB and the Ministry of Internal Affairs of Russia, the organized criminal community ceased to exist, the information infrastructure used for criminal purposes was neutralized. Representatives of the competent U.S. authorities have been informed about the results of the operation.” The move comes two weeks after a high-stakes phone call between Russian President Vladimir…

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