US Offers $15 Million Reward for Information on Conti Ransomware Group

The US on Friday offered a reward of up to $15 million (roughly Rs. 115 crore) for information on the Russia-based Conti ransomware group, which has been blamed for cyber extortion attacks worldwide, State Department spokesman Ned Price said.

The FBI estimates that more than 1,000 victims of the Conti group have paid a total in excess of $150 million (roughly Rs. 1,154 crore) 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 cyber criminals,” he said.

The reward comprises $10 million (roughly Rs. 77 crore) for the identification or the location of leaders of the group, and $5 million (roughly Rs. 38 crore) for information that results in the arrest of anyone conspiring with Conti.

Last year, the FBI said Conti was responsible for striking 16 medical and first responder networks in the US.

Price noted that Conti was blamed for an attack in April on Costa Rica’s tax and customs platforms, impacting the Central American country’s foreign trade.

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

© Thomson Reuters 2022

 


For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TechNewsBoy.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.