CLOP Ransomware gang arrested in Ukraine

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After arresting members belonging to Avaddon, DarkSide, and DopplePaymer ransomware groups, the law enforcement of Ukraine in association with the US FBI has announced that it has arrested some key members related to CLOP Ransomware Group.

 

In a statement issued yesterday, Ukrainian Police revealed that they have taken 6 members of notorious FIN11 aka Clop into custody and plans to launch more such arrests by this month’s end.

 

CLOP is suspected to be behind many high-profile cyber-attacks including that on Accellion’s FTA software that allowed hackers to access classical information from multinational companies such as aircraft manufacturer Bombardier.

 

FIN11 was involved in cybercrimes such as encrypting data related to employees and students belonging to Stanford University School of Medicine and the University of Maryland and the University of California.

 

Luxury Cars, Apple Mac Laptops, and Cryptocurrency worth millions were also seized from the criminals involved in the spread of CLOP ransomware says a source from Ukrainian Police Headquarters. 

 

Security analysts from Mandiant Threat Detection solutions predict that such arrests often lead to crime containment and also stoppage to a certain extent. Also, it will inject fear into others involved in the same crime giving them jitters that their future remains bleak.

 

Note 1- Ukraine has once again made it clear that it is a strong partner of the United States and will not tolerate crime in any variant coming from adversary nations. 

 

Note 2- To those uninitiated American President Biden is said to held talks with Russian President Putin against Ransomware spread and the involvement of the latter’s nation in propelling cybercrime.

Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security