In a statement released by the Russian Federal Security Service (FSB), Russian authorities arrested and shutdown the notorious ransomware group REvil. The arrests were made after US authorities reported on the leader of the group to Russia. The FSB released the following statement on the situation. “The basis for the arrest was the appeal of the competent US authorities. US authorities reported the leader of the criminal community and his involvement in encroachments on the information resources of foreign high-tech companies by introducing malicious software, encrypting information, and extorting money funds for its decryption.” Russian authorities detained 14 individuals suspected of being part of the REvil group and confiscated nearly $7 million in cryptocurrency and fiat money. The arrests took place at addresses in Moscow, St. Petersburg, Moscow, Leningrad, and Lipetsk regions. The FSB informed US authorities following the arrests.
By Akshay Rohatgi and Randy Pargman About this Student Research Project Binary Defense’s mission is