U.S. Offers $11 Million Bounty for Alleged Ransomware Mastermind Who Stole $18 Billion
The United States has issued an $11 million bounty for Volodymyr Tymoshchuk, a Ukrainian man accused of masterminding ransomware attacks that stole an estimated $18 billion over three years. Tymoshchuk is alleged to be the leader behind the MegaCortex, LockerGoga, and Nefilim attacks, targeting large companies, including the renewable energy company Norsk Hydro, which suffered $81 million in damages. The indictment details seven charges related to computer damage and threats, with Tymoshchuk potentially facing a life sentence. The case highlights international coordination to prosecute a significant ransomware actor.
John Q. Hosedrinker