Police raids ‘target’ 12 suspects in ransomware cases – Security

Nancy J. Delong

Twelve suspects thought to have mounted ransomware assaults from companies or infrastructure in 71 international locations were “focused” in raids in Ukraine and Switzerland, Europol claimed.

A European policing company spokesperson declined to comment on regardless of whether any of the suspects was detained in the raids.

The operation was the outcome of cooperation in between regulation enforcement and judicial authorities in 7 European international locations and the United States.

Europol claimed the twelve suspects were thought to have mounted cyberattacks that impacted 1800 victims around the world.

One particular of the companies thought to have been hit by the suspects in the circumstance was metals maker Norsk Hydro ASA, which in 2019 experienced a ransomware attack that paralysed areas of its creation, Norwegian law enforcement claimed in a individual assertion.

The enterprise refused to shell out the hackers, it claimed at the time, but experienced losses amounting to tens of millions of dollars as a outcome of disruptions to its functions.

The other enterprises that were allegedly hit by the ransomware needs were not named.

“The focused suspects all had diverse roles in these professional, really arranged criminal companies,” Europol claimed in a assertion, with some dependable for hacking and other folks for laundering proceeds by means of cryptocurrency.

All through the raids law enforcement seized about US$52,000 in hard cash, 5 luxurious autos, and laptop and mobile phone gear which are becoming examined to uncover evidence and new investigative leads, Europol claimed.

Authorities from Norway, France, the Netherlands, Ukraine, Germany, Britain, Switzerland and the United States were involved in the crackdown collectively with Europol and Eurojust, the European Union’s company for judicial cooperation.

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