$10M reward offered for arrest of Russian hacker in major ransomware attacks

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$10M reward offered for arrest of Russian hacker in major ransomware attacks
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Mikhail Pavlovich Matveev is accused of receiving about $200 million in ransom from 2,800 victims since 2020.

Federal authorities are offering a $10 million reward for information that leads to the arrest of an accused Russian hacker who extorted million of dollars from law enforcement agencies, hospitals and schools in New Jersey and other locations.

Other New Jersey victims include a nonprofit behavioral healthcare organization in Mercer County and a business in Somerset County, charging documents state. The LockBit, Babuk, and Hive ransomware variants worked in similar fashion. After the hackers accessed vulnerable computer systems, they deployed the ransomware variant within the computer system, which enabled the thieves to encrypt and steal data, the U.S. Attorney’s Office said.

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