March 14, 2024 at 02:35PM LockBit ransomware kingpin, Mikhail Vasiliev, has been sentenced to nearly four years in prison and ordered to pay over CA$860,000 in restitution to his victims by a Canadian court. He awaits extradition to the US, facing additional charges. The LockBit gang, known for extorting over $120 million, was targeted by … Read more
March 14, 2024 at 10:51AM A 34-year-old Russian-Canadian, Mikhail Vasiliev, received a nearly four-year jail sentence in Canada for his involvement in the LockBit ransomware operation. He pleaded guilty to cyber extortion, mischief, and weapons charges. Vasiliev, described as a “cyber-terrorist,” sought ransom payments from Canadian companies and has been ordered to pay back over … Read more
March 13, 2024 at 07:46AM Russian-Canadian cybercriminal Mikhail Vasiliev sentenced to 4 years in prison by Ontario court for involvement in LockBit ransomware gang, with restitution of $860,000 to Canadian victims and potential extradition to the U.S. LockBit, a ransomware-as-a-service operation, has faced disruption by law enforcement, but despite relaunching, analysis suggests its activities are … Read more