Security News US State Department offers millions for tips on ALPHV and Hive gangs

[vtqhtr413]

Content source

https://www.itpro.com/security/ransomware/us-government-offers-dollar10-million-reward-in-bid-to-track-down-hive-ransomware-leaders

The U.S. State Department is offering rewards of up to $10 million for information that could lead to the identification or location of ALPHV/Blackcat ransomware gang leaders. An additional $5 million bounty is also available for tips on individuals trying to take part in ALPHV ransomware attacks, likely to discourage affiliates and initial access brokers.

The FBI linked this ransomware gang to over 60 breaches worldwide during its first four months of activity between November 2021 and March 2022. ALPHV has also raked in at least $300 million in ransom payments from more than 1,000 victims until September 2023, according to the FBI.

"The U.S. Department of State is offering a reward of up to $10,000,000 for information leading to the identification or location of any individual(s) who hold a key leadership position in the Transnational Organized Crime group behind the ALPHV/Blackcat ransomware variant," the State Department said.

"In addition, a reward offer of up to $5,000,000 is offered for information leading to the arrest and/or conviction in any country of any individual conspiring to participate in or attempting to participate in ALPHV/Blackcat ransomware activities."

US offers up to $15 million for tips on ALPHV ransomware gang

The U.S. State Department is offering rewards of up to $10 million for information that could lead to the identification or location of ALPHV/Blackcat ransomware gang leaders.

www.bleepingcomputer.com

The Department of State also announced it is offering $5 million for any information that leads to the arrest of any individual around the world conspiring to participate in Hive ransomware activity.

In 2023, the State Department’s ‘Rewards for Justice’ program issued rewards for any information that could link Hive or other groups targeting US critical national infrastructure to a foreign government.At the same time, the department revealed the FBI had penetrated servers and domains controlled by Hive as early as 2022.

Coordinated efforts from German and Dutch law enforcement led to the infiltration of Hive’s communication servers, with authorities claiming to have disrupted the group’s ability to continue its operations.

US government offers $10 million reward in bid to track down Hive ransomware leaders

The hefty reward for information on the Hive ransomware group forms part of an ongoing effort to tackle cyber criminal operations globally

www.itpro.com

 

[vtqhtr413]

The U.S. State Department is now also offering rewards of up to $15 million to anyone who can provide information about LockBit ransomware gang members and their associates.

$10 million is offered for information that could lead to locating or identifying LockBit leadership, and an extra $5 million is available for tips that could lead to the apprehension of LockBit ransomware affiliates.

The U.S. Department of Justice linked the gang to over 2,000 victims and said it raked in more than $120 million after ransom demands totaling hundreds of millions of dollars.

US offers $15 million bounty for info on LockBit ransomware gang

The U.S. State Department is now also offering rewards of up to $15 million to anyone who can provide information about LockBit ransomware gang members and their associates.

www.bleepingcomputer.com