Today, Thursday, Ukrainian police announced the arrest of five members of a ransomware company, noting that the group was behind attacks on more than 50 companies across Europe and the United States.
In a statement, both the Ukrainian Security Service and the Ukrainian Internet Police said the group made at least $1 million through its attacks on companies.
Law enforcement officials in the United States and the United Kingdom worked with Ukrainian officials on the operation.
Officials said the group’s leader is 36 years old and works with his wife and three other people from Kiev. The five face a variety of charges in Ukraine related to money laundering, hacking and selling malware.
According to the police statement, one of the accused is wanted by UK law enforcement agencies after “using a virus to obtain bank card details of British bank customers”.
Bank card details were used to buy things online that were then resold.
“Police officers together with law enforcement officers from Great Britain and the USA conducted nine searches in the homes of the suspects and in their cars. Computers, mobile phones, bank cards, flash drives and three cars were seized.” Police officials said.
The Ukrainian Security Service provided further details about the group’s activity, stating that in addition to their work with ransomware, they also ran a “VPN-like” service that “allows you to download computer viruses, spyware and other malware through the platform.”
The service was then used by other hackers to break into government systems and companies, spread ransomware, and launch DDoS attacks.
“In order to legalize the funds received from these” activities “, the attackers conducted complex financial transactions using a number of online services, including those that are prohibited in Ukraine. At the final stage of the cash transfer, they were transferred to payment cards of a wide network of the fictitious persons, ”said the Ukrainian Security Service.
This is the latest in a series of raids and arrests by Ukrainian police over the past few years. There have been several raids announced throughout 2021, including one that involved the arrest of Clop ransomware operators and others.