US Offers $10 Million for Information on BlackCat Ransomware Leaders

US Offers $10 Million for Information on BlackCat Ransomware Leaders

February 16, 2024 at 05:33AM

The US announced a $10 million reward for info on the Alphv/BlackCat ransomware operation’s key members, following their takedown. The group had over 1,000 victims, and the FBI released a decryption tool for them. The reward aims to identify leaders or affiliates, with a tip line set up using the Tor browser.

Key takeaways from the meeting notes are:

1. The US has announced a $10 million reward for information on the key members of the BlackCat ransomware operation, which has affected over 1,000 victims worldwide.

2. The takedown of the group’s Tor-based website and the release of a free decryption tool by the FBI have affected the group’s operations.

3. The FBI has encouraged individuals to provide information on the BlackCat group leaders through a tip line accessible using the Tor browser, local FBI offices, or US embassies.

4. The US has also offered a reward for information on the leaders of the Hive ransomware, disrupted in January 2023.

5. Recent reports indicate a significant increase in ransomware attacks and payments, highlighting the growing threat posed by ransomware in 2024.

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