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Ukrainian police bust unnamed ransomware gang

A law enforcement raid in Ukraine resulted in the arrest of five suspects accused of deploying ransomware through phishing emails and making more than $1 million.

Ukrainian authorities arrested several suspected ransomware gang affiliates accused of targeting more than 50 companies in Europe and the U.S.

The joint operation involved the National Police of Ukraine and its Cyber Police department, along with law enforcement officers from Great Britain and the U.S., and resulted in the arrests of five threat actors. That included the alleged leader -- a 36-year-old Kyiv resident -- and his wife. They are facing multiple accusations including the theft of more than $1 million and aiding in the illegal activities of foreign hackers by altering IP addresses.

The Cyber Police provided further details on the ongoing investigation in a statement on its website Thursday.

Nine raids took ...

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