US government seized $1M from Russian ransomware gang

The US government has seized over $1 million from a Russian ransomware gang, the group behind the Royal and BlackSuit ransomware strains. This operation was part of a global law enforcement coalition's efforts to disrupt the gang's infrastructure. The ransomware group is allegedly responsible for extorting $370 million from victims since 2022. The seizure of funds is a significant blow to the group's financial resources and a step towards curbing their criminal activities. Ransomware attacks have become a growing threat, with cybercriminals targeting individuals, businesses, and even critical infrastructure. This coordinated international effort demonstrates the ongoing fight against cybercrime and the determination of law enforcement agencies to hold these groups accountable for their actions. The article highlights the importance of collaboration between different law enforcement agencies and the need for continued vigilance in protecting against the evolving landscape of cybersecurity threats.