64.7 F
Washington D.C.
Saturday, May 28, 2022
spot_img

$10 Million Reward Offered for Information to Bring Conti Ransomware Variant Co-Conspirators to Justice

The FBI estimates that as of January there had been over 1,000 victims of attacks associated with Conti ransomware with victim payouts exceeding $150,000,000.

The Department of State is offering a reward of up to $10,000,000 for information leading to the identification and/or location of any individual(s) who hold a key leadership position in the Conti ransomware variant transnational organized crime group.  In addition, the Department is also offering a reward of up to $5,000,000 for information leading to the arrest and/or conviction of any individual in any country conspiring to participate in or attempting to participate in a Conti variant ransomware incident.

The Conti ransomware group has been responsible for hundreds of ransomware incidents over the past two years.  The FBI estimates that as of January 2022, there had been over 1,000 victims of attacks associated with Conti ransomware with victim payouts exceeding $150,000,000, making the Conti Ransomware variant the costliest strain of ransomware ever documented. In April 2022, the group perpetrated a ransomware incident against the Government of Costa Rica that severely impacted the country’s foreign trade by disrupting its customs and taxes platforms.  In offering this reward, the United States demonstrates its commitment to protecting potential ransomware victims around the world from exploitation by cyber criminals.  We look to partner with nations willing to bring justice for those victims affected by ransomware.

This reward is offered under the Department of State’s Transnational Organized Crime Rewards Program (TOCRP).

The Department manages the TOCRP in close coordination with our federal law enforcement partners as part of a whole of government effort to disrupt and dismantle transnational organized crime globally, including cybercrime.  More than 75 transnational criminals and major narcotics traffickers have been brought to justice under the TOCRP and the Narcotics Rewards Program (NRP) since 1986.  The Department has paid more than $135 million in rewards under these programs to date.

For more information on the group listed above and the TOCRP, please see Department of State INL Transnational Organized Crime Rewards.

Read more at the State Department

Homeland Security Todayhttp://www.hstoday.us
The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

Related Articles

STAY CONNECTED

- Advertisement -

Latest Articles