Russian-Canadian citizen charged with participating in LockBit campaign

Russian-Canadian citizen charged with participating in LockBit campaign

Mikhail V, a 33-year-old Russian-Canadian national who is being held in Canada, is to be extradited to the United States. There he faces allegations of his alleged involvement in a global ransomware campaign by LockBit CyberGang. He was arrested on Wednesday this week.

In form of US Department of Justice reportThe arrests are the result of “more than two and a half years of investigation into the Lockbit ransomware group, which has caused harm to victims across the United States and around the world.”

Assistant Attorney General Lisa O of Monaco said it was “another warning to ransomware actors: Working with partners around the world, the Justice Department will continue to crush cyber threats and hold criminals accountable. Together with our partners, we are available.” We will use every tool to intercept, deter and punish cybercriminals.”

“Yesterday’s successful arrest demonstrates our ability to maintain and continue to exert pressure on our adversaries,” said FBI Deputy Director Paul Abbett. The FBI has successfully engaged in a “constant investigative effort” with federal and international partners.

According to the Justice Department, Lockbit’s masterminds have used their ransomware against at least 1,000 victims in the United States and around the world since 2020. They must have demanded a ransom of at least US$100 million. It is said that the accused was involved in the lockbit campaign. He is accused of “deliberately conspiring to destroy protected computers” and sending ransom demands. If convicted, he faces up to five years in prison.

In the meantime, Lockbit CyberGang is still active. DAX company Continental is currently the victim of an extortion campaign. In this case alone, the cybercriminals are seeking a ransom of US$50 million.

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