Alleged cybercrime kingpin exposed with $10 million bounty

ABC News May 8, 2024, 09:00 AM UTC

Summary: Dmitry Yuryevich Khoroshev, alleged leader of LockBit ransomware gang, was exposed by US authorities with a $10 million bounty. LockBit blamed for 18% of Australian ransomware attacks, targeting 2,500+ victims worldwide and earning $760 million in ransoms. Khoroshev faces charges for cyber fraud. Sanctions aim to deter cybercrime. Paying ransoms could breach sanctions. International cooperation crucial in combating ransomware.

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Timeline:

  1. [5.3]
    Russian indicted for leading LockBit ransomware, $10M reward offered (CNBC)
    163d 13h

  2. [5.4]
    Dmitry Khoroshev revealed as leader of LockBit ransomware gang (The Guardian)
    163d 15h

  3. [5.5]
    LockBit ransomware mastermind identified, targeted high-profile companies (WIRED)
    163d 17h