October 3, 2022

Taylor Daily Press

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Money laundering ransom ransomware |  Technology

Money laundering ransom ransomware | Technology

Dutch authorities have extradited a Russian man to the US. 29-year-old Denis Mihaklovic Dubnikov is reportedly suspected of extorting ransom money from ransomware victims. US Department of Justice Wednesday.

Victims were infected by Ryuk ransomware. The software was used last year to block the systems of major US hospital chain UHS. In the end, UHS had to pay 66 million euros to regain access to its computer systems, the chain said in its financial report. Annual report From 2021 onwards.

On November 2, 2021, Dubnikov was arrested in Schiphol by the Dutch Marechaussee at the request of the FBI. D Volkskrant. According to court documents, the Russian and his co-defendants laundered the proceeds of ransomware attacks on American individuals and companies.

In July 2019, the Russian allegedly swindled more than $400,000 in ransom money. Prior to that, he “took several steps to conceal the appearance of the payment,” the Justice Department said. If convicted, Dubnikov faces a maximum sentence of 20 years in prison.

Other suspects in the case are said to have swindled at least $70 million in ransom money.

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