Russian Ransomware Perp Charged After High-Profile Hive, Babuk & LockBit Hits

LockBit, Babuk, and Hive ransomware used by Russian to target critical US organizations, DOJ says.

Russian national Mikahail Pavlovich Matveev has been charged by the US Department of Justice (DoJ) for launching ransomware attacks on critical organizations including law enforcement agencies, healthcare operations, and more.
Matveev is estimated by the DoJ to have demanded as much as $400 million in ransom payments from his victims over his years as a ransomware operator, and to have actually collected as much as $200 million in extortion money.
The DoJ alleges that Matveev used three ransomware variants in his cybercrimes. In June 2020, he was accused by the DoJ of conspiring to deploy
LockBit
against New Jersey law enforcement. In addition, Matveev used
Hive
against a nonprofit healthcare organization in New Jersey in May 2022, and used
Babuk
ransomware to shake down the Washington DC Metropolitan Police Department, the DoJ added.
From his home base in Russia, Matveev allegedly used multiple ransomware variants to attack critical infrastructure around the world, including hospitals, government agencies, and victims in other sectors, said Assistant Attorney General Kenneth A. Polite, Jr. of the Justice Departments Criminal Division in a statement about the newly unsealed
charges against the alleged ransomware operator
. These international crimes demand a coordinated response. We will not relent in imposing consequences on the most egregious actors in the cybercrime ecosystem.
If convicted, Matveev faces up to 20 years in prison; however, he resides in Russia, making the carrying out of any sentence highly unlikely.

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Russian Ransomware Perp Charged After High-Profile Hive, Babuk & LockBit Hits