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The United States Is Offering $15 Million Reward For Information On Russia’s Conti Group

The United States is offering a reward of up to $15 million for information on the Russia-based Conti group, State Department spokesman Ned Price said. The reward is offered under the US Department of State’s Transnational Organized Crime Rewards Program.

The United States Is Offering $15 Million Reward For Information On Russia’s Conti Group

$150M in Ransomware Paid to the Conti Group

The reward includes $10 million for the identification or the location of leaders of the group, and $5 million for information that results in the arrest of anyone conspiring with Conti.

“In offering this reward, the United States demonstrates its commitment to protecting potential ransomware victims around the world from exploitation by cyber criminals,” State Department spokesman Ned Price said.

The FBI estimates more than 1,000 victims have made in excess of $150 million in ransomware payments to the Conti group, making this to be the costliest ransomware payment to a group ever to be documented.

Deadliest Attacked Conducted by the Conti Gang

The United States Is Offering $15 Million Reward For Information On Russia’s Conti Group

Earlier last year, the FBI said that Conti was responsible for striking 16 medical and first responder networks in the United States. The same group was blamed for an attack in April on Costa Rica’s tax and customs platforms, impacting the Central American country’s foreign trade.

In February, the Conti group vowed to attack enemies of the Kremlin if they respond to Russia’s invasion of Ukraine.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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