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Ransom Cartel Creator Gets 16 Years in Prison for Operating Ransomware-as-a-Service

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Image: The Hacker News
Summary

Maksim Silnikau, a Belarusian national, has been sentenced to 16 years in prison for his role in creating and operating Ransom Cartel, a ransomware-as-a-service operation that targeted over 18 companies globally between 2021 and 2023. He facilitated attacks by providing ransomware, stolen credentials, and a platform for affiliates to manage and profit from the breaches. This case is part of a larger effort to prosecute individuals involved in ransomware operations, with further investigations and prosecutions ongoing.

Read the full article at The Hacker News

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