October 25, 2024 By Lawrence Abrams
Russia has sentenced four members of the REvil ransomware operation to over 4 years in prison for distributing malware and illegal circulation of means of payment.
REvil ransomware (aka Sodin and Sodinokibi) was launched in April 2019 as a direct successor of the GandCrab operation.
In less than a year, the gang became the most prolific ransomware group, asking for some of the highest ransom payments at the time and earning over $100 million in a year.
However, in July 2021, when Revil hit over 1,500 businesses worldwide in a Kaseya supply chain attack, things took a turn for the worse for the ransomware gang.
In response to the attack, President Biden asked President Putin to take action against cybercriminals residing in Russia; otherwise, the U.S. would take action on its own.