U.S. offers $10Mn for information on Conti Ransomware Hackers
By MYBRANDBOOK
The U.S. State Department has announced rewards of up to $10 million for any information leading to the identification of key individuals who are part of the infamous Conti cybercrime gang. It is offering another $5 million for intelligence information that could help arrest or convict individuals who are conspiring or attempting to affiliate with the group in a ransomware attack.
The reward describes the US' efforts to drive a global response to the ongoing problem of ransomware and shows the country's “commitment to protecting potential ransomware victims around the world from exploitation by cyber criminals”.
The US Department of State said the Conti ransomware variant was the costliest strain of ransomware on record, noting that as of January, there were more than 1,000 victims of attack that involved Conti ransomware, with payouts surpassing $150 million.
Conti, the work of a Russia-based transnational organized crime group dubbed Gold Ulrick, is one most prolific ransomware cartels that has continued to strike entities globally while simultaneously expanding its empire by absorbing TrickBot and running side hustles that involve data extortion.
Last year as well, the State Department offered similar monetary rewards for locating criminal parties associated with DarkSide and REvil ransomware, which were used in high-profile attacks on Colonial Pipeline and Kaseya.
Singapore to remove One-Time Passwords from Bank Accounts
According to the Monetary Authority of Singapore, clients who utilise secur...
Is 375 million Airtel subscribers database breached?
When a hacker claims to have accessed and put up for sale a customer databa...
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Icons Of India : Anil Agarwal
Anil Agarwal, the Founder and Chairman of Vedanta Resources Ltd., is r...
Icons Of India : Anil Kumar Lahoti
Anil Kumar Lahoti, Chairman, Telecom Regulatory Authority of India (TR...
Icons Of India : Girish Mathrubootham
Girish Mathrubootham is the Founder of Freshworks (previously known ...
UIDAI - Unique Identification Authority of India
UIDAI and the Aadhaar system represent a significant milestone in Indi...
GSTN - Goods and Services Tax Network
GSTN provides shared IT infrastructure and service to both central and...
LIC - Life Insurance Corporation of India
LIC is the largest state-owned life insurance company in India...
Indian Tech Talent Excelling The Tech World - JAYASHREE ULLAL, President and CEO - Arista Network
Jayshree V. Ullal is a British-American billionaire businesswoman, ser...
Indian Tech Talent Excelling The Tech World - Thomas Kurian, CEO- Google Cloud
Thomas Kurian, the CEO of Google Cloud, has been instrumental in expan...
Indian Tech Talent Excelling The Tech World - ANJALI SUD, CEO – Tubi
Anjali Sud, the former CEO of Vimeo, now leads Tubi, Fox Corporation...