Evil Corp, a Russia-based cybercrime group, is facing sanctions from the United States, United Kingdom, and Australia for allegedly stealing over $100 million from banks across more than 40 countries. There are potential connections between Evil Corp and the LockBit ransomware group, with allegations of links to Russian state entities like the FSB. International law enforcement efforts are ramping up against the group to combat their illicit activities.
The U.S. Department of Justice has indicted an Evil Corp member for deploying BitPaymer ransomware in the U.S. findings from blockchain analysis firm Chainalysis suggest ties between Evil Corp and LockBit, and there have been coordinated global actions to disrupt their operations. The use of cryptocurrency for ransom payments has become a significant issue, leading to more stringent measures against cybercrime groups like Evil Corp, emphasizing the need for collaborative efforts among law enforcement agencies worldwide.
