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DOJ Charges Russians in $63M Cybercrime Scheme

Three Russian nationals face charges for running bulletproof hosting services that facilitated ransomware and phishing attacks

DOJ Charges Russians in $63M Cybercrime Scheme

The US Department of Justice has charged three Russian nationals, Aleksandr Volosovik, Kirill Zatolokin, and Yulia Pankova, in connection with a $63 million cybercrime scheme, as reported by foxnews.com, which targeted Americans and global citizens through ransomware and phishing attacks. According to the United States Department of Justice, the indictment alleges that the three individuals operated a bulletproof hosting service that facilitated these malicious activities, resulting in over $62 million in losses to victims. This development comes as the government continues to crack down on fraud, with recent efforts including HHS Recovers $5.56B, Bars 1,200 in Fraud Crackdown, and raises concerns about the potential for similar schemes to target vulnerable populations, such as those affected by SNAP Cuts Spark Fears of Fraud and Error. Further details on the indictment can be found on cnn.com.

Primary source: United States Department of Justice
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