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Home In Brief

US offers $15M reward for information on Russia-based ransomware group

by  Reuters and ILH Staff
Published on  05-08-2022 12:57
Last modified: 05-08-2022 12:59
US offers $15M reward for information on Russia-based ransomware groupAP / Manuel Balce Ceneta, Pool

US State Department spokesman Ned Price speaks during a news conference at the State Department in Washington, March 10, 2022 | File photo: AP / Manuel Balce Ceneta, Pool

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The United States on Friday offered a reward of up to $15 million for information on the Russia-based Conti ransomware group, which has been blamed for cyber extortion attacks worldwide, State Department spokesman Ned Price said.

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The FBI estimates that more than 1,000 victims of the Conti group have paid a total in excess of $150 million in ransomware payments, Price said in a statement. "In offering this reward, the United States demonstrates its commitment to protecting potential ransomware victims around the world from exploitation by cybercriminals," he said.

The reward comprises $10 million for the identification or the location of leaders of the group and $5 million for information that results in the arrest of anyone conspiring with Conti.

In February, the Conti group vowed to attack enemies of the Kremlin if they respond to Russia's invasion of Ukraine.

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