We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: Ransomware Group REvil Dismantled in Raids, Russia Says
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > World > Ransomware Group REvil Dismantled in Raids, Russia Says
World

Ransomware Group REvil Dismantled in Raids, Russia Says

By Editorial Board Published January 15, 2022 3 Min Read
Share
Ransomware Group REvil Dismantled in Raids, Russia Says
14russia hackers 1 facebookJumbo

U.S. officials have said that the Kremlin could shut down hacker groups like REvil, but tolerates or even encourages them, as long as their targets are outside of Russia.

In July, following President Biden’s ultimatum, REvil went offline, fueling speculations about whether the Kremlin had ordered the group to go quiet, or the United States or its allies had managed to disrupt its operations, or the group itself had decided to go underground, fearing that the heat had become too intense.

However, it resurfaced two months later, reactivating a portal victims use to make payments. In October, it was again forced offline, temporarily, by a counter-hacking effort mounted by the governments of several countries, including the United States.

REvil, short for “ransomware evil” has been one of the most notorious ransomware hacking groups sought by United States law enforcement. Ransomware groups hack into a victim’s computer system and encrypt its data, effectively locking out the owners, and extort them for money — sometimes millions of dollars, paid in cryptocurrency — in return for reversing the encryption.

What to Know About Ransomware Attacks


Card 1 of 5

Why are they becoming more common? Experts say ransomware is attractive to criminals because the attacks take place mostly anonymously online, minimizing the chances of getting caught. The Treasury Department has estimated that Americans have paid $1.6 billion in ransoms since 2011.

Is there any connection to the rise of cryptocurrencies? The criminal industry’s growth has been abetted by cryptocurrencies, like Bitcoin, which allow hackers to transact with victims anonymously, though experts see virtual currency exchanges as a weak point for ransomware gangs.

U.S. intelligence agencies identified REvil as responsible for the attack on one of America’s largest beef producers, JBS, last June, forcing the shutdown of nine beef plants. In the end, JBS said it had paid an $11 million ransom in Bitcoin. The operator of the Colonial Pipeline paid almost $5 million in Bitcoin.

REvil also took credit for what was described as the biggest ransomware hack ever in July, affecting up to 1,500 businesses around the world.

The organization boasted about its attacks on its site — called “Happy Blog” — on the dark web, where it listed some of its victims and earnings from its digital extortion schemes.

TAGGED:Biden, Joseph R JrComputer SecurityCyberattacks and HackersCyberwarfare and DefenseExtortion and BlackmailFederal Security ServicePutin, Vladimir VREvil (Hacking Group)RussiaThe Washington MailUkraine
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

Galaxy followers protest staff’s silence in response to ICE raids

Galaxy followers protest staff’s silence in response to ICE raids

Sports
July 7, 2025
Bob Vylan to not headline pageant in Manchester after Glastonbury controversy

Bob Vylan to not headline pageant in Manchester after Glastonbury controversy

Punk rap duo Bob Vylan will not headline the Radar Competition in Manchester days after…

July 7, 2025
Rachel Reeves hints at tax rises in autumn price range after welfare invoice U-turn

Rachel Reeves hints at tax rises in autumn price range after welfare invoice U-turn

Rachel Reeves has hinted that taxes are prone to be raised this autumn after a…

July 7, 2025
Mama Tutu holds her annual Fourth of July barbecue

Mama Tutu holds her annual Fourth of July barbecue

JACKSON, Mich. (WLNS) — After the lack of her son, many in Jackson thought it…

July 7, 2025
ZKasino rug pull suspect arrested in United Arab Emirates

ZKasino rug pull suspect arrested in United Arab Emirates

Police within the United Arab Emirates (UAE) have arrested a 21-year-old crypto founder they are…

July 7, 2025

YOU MAY ALSO LIKE

Dalai Lama turns 90: Worshippers together with Richard Gere journey to Himalayas to have fun

The Dalai Lama, the religious chief of Tibetan Buddhists, turns 90 on Sunday after every week of celebrations.1000's of worshippers…

World
July 7, 2025

Defiance in Tehran as Khamenei makes look

They rose to their toes in ecstatic shock, shouting "heydar, heydar" - a Shia victory chant.This was the primary public…

World
July 7, 2025

‘We’ll by no means yield’: Thousands and thousands of Iranians unite in mourning

Below the crimson flag of martyrdom, they beat their chests in reminiscence of a fallen non secular chief because the…

World
July 6, 2025

Israel assaults Houthi targets at three ports and energy plant in Yemen

Israel says its navy has attacked Houthi targets at three ports and an influence plant in Yemen.Defence minister Israel Katz…

World
July 6, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?