Russian authorities have declared that they have dismantled the notorious REvil ransomware gang and arrested a number of of its associates.

As reported by the BBC, the Federal Security Provider of the Russian Federation or FSB for limited claimed in a assertion that the cybercriminal team experienced “ceased to exist” following a recent legislation enforcement procedure.

Whilst the US was completely ready to present a reward of up to $10m for details on the REvil ransomware gang, it now seems that none of its associates will be extradited following their arrests. According to the FSB, the company employed details presented by the US to take down the team and place an stop to its operations once and for all.

In addition to seizing 426m rubles (all-around $five.5m) like shut to $600k in cryptocurrency, the FSB also seized twenty “premium cars” from the team.

REvil ransomware team

Whilst the team took down all of its internet sites and basically shut down in September of past yr, REvil is 1 of the most infamous ransomware gangs to have ever existed.

REvil was liable for a big ransomware assault on the meat processor JBS that led to a comprehensive output stoppage over the Memorial Working day holiday past yr. However, the team struck again over the Fourth of July holiday weekend in 2021 as very well when it attacked the IT management organization Kaseya which impacted hundreds of organizations like multiple managed support vendors and their clients.

Whilst it appeared that REvil experienced resumed its operations under the title BlackMatter past summer season, the news that the team has been dismantled will very likely be a aid to the lots of organizations that it qualified over the yrs.

We’ll have to wait and see if the Russian government and the FSB supply any even more information on its operations but for now, it seems to be like REvil is ultimately out of commission.

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By means of BBC