Get all your news in one place.
100's of premium titles.
One app.
Start reading
PC Gamer
PC Gamer
Rich Stanton

US DoJ puts $11 million bounty on ransomware king allegedly responsible for stealing $18 billion

Man in sunglasses staring at a screen full of digits.

The United States Department of Justice has placed an $11 million bounty on Ukrainian national Volodymyr Viktorovich Tymoshchuk—who also goes by the aliases deadforz, Boba, msfv, and farnetwork—accusing him of being the mastermind behind ransomware that has been used to attack over 250 US companies, as well as others around the world. The DoJ says that these cybercrimes resulted in the theft of an eye-watering $18 billion over three years.

Tymoshchuk is accused of being "an administrator" behind various ransomware including MegaCortex, LockerGoga, and Nefilim. From late 2018 to October 2021 Tymoshchuk is alleged to have first operated LockerGoga and MegaCortex attacks, which in the latter case changes the passwords and encrypts all files on a host computer, before issuing threats to the user and demands for payment. LockerGoga was used in an attack on Norsk Hydro, a Norwegian energy company, that affected all of its 170 sites and caused an estimated $81 million in damages.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.