Ukrainian nationwide Yaroslav Vasinskyi, affiliate of the REvil ransomware-as-a-service group, was sentenced to greater than 13 years in jail after pleading responsible to an 11-count indictment.
The costs in opposition to Vasinskyi, often known as Rabotnik, concerned conspiracy to commit fraud, conspiracy to commit cash laundering, and injury to protected computer systems. Based on courtroom paperwork, he performed 1000’s of ransomware assaults utilizing the Sodinokibi/REvil ransomware variants.
“Yaroslav Vasinskyi and his co-conspirators hacked into 1000’s of computer systems all over the world and encrypted them with ransomware,” stated Principal Deputy Assistant Legal professional Normal Nicole M. Argentieri, head of the Justice Division’s Legal Division. “Then they demanded over $700 million in ransom funds and threatened to publicly disclose victims’ information in the event that they refused to pay.”
Alongside his sentencing, Vasinskyi has been ordered to pay roughly $16 million in restitution for the position he performed in over 2,500 ransomware assaults — a fraction of the $700 million in ransom funds that was demanded of his victims.
