LockBit Busted: Russian Ransomware Mastermind Finally Nabbed!

Russian cybercriminal Mikhail Matveev, linked to LockBit and Hive ransomware, has been arrested. Charged in the U.S. for targeting “thousands of victims,” Matveev, aka Wazawaka, led ransomware attacks. He allegedly operated with a team of six hackers and has ties to notorious Russian cybercrime groups.

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Hot Take:

Looks like the Russian cybercriminals are playing a real-life game of “Catch Me If You Can”, but it seems Matveev just landed on the “Go to Jail” square. Maybe he should have stuck to solitaire!

Key Points:

  • Mikhail Pavlovich Matveev, a Russian cybercriminal, has been arrested for ransomware operations involving LockBit and Hive.
  • He is facing charges under Russian law for creating and distributing malicious software.
  • Matveev has publicly boasted about his crimes, claiming local authorities overlook his activities.
  • He was previously charged by the U.S. for ransomware attacks affecting thousands worldwide.
  • Matveev’s criminal network includes affiliations with notorious ransomware groups and a management role in Babuk.

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