The NetWalker ransomware neutralized

[Daltonik]

The US authorities, together with law enforcement agencies in Bulgaria, conducted an operation aimed at disrupting the work of the NetWalker ransomware. In 2020, Netwalker was among the most common cryptographers.

As indicated by the US Department of Justice, NetWalker works on the model of Ransomware-as-a-service (RaaS) - developers provide access to the malware to affiliates who attack victims.

During the investigation, law enforcement officers charged a Canadian citizen. Thanks to the attacks with NetWalker, he received at least $27.6 million. Since April 2020, the accused has been involved in at least 91 attacks using NetWalker, law enforcement officials believe.

Authorities also seized $454,530 in cryptocurrency. This amount consists of the ransoms of three NetWalker victims.

In addition, Bulgarian law enforcement officers seized a "hidden resource in the darknet", which the attackers who distributed NetWalker used to communicate with the victims.

The hackers received more than $46 million in ransom money from their multiple victims, according to Chainalysis, a company that helped authorities with the investigation.   

NetWalker attacks affected at least 305 victims from 27 countries.

[Lorence.xD]

First time that I have heard of a name of a Ransomware because most of the time they are just labeled as is, the money that was taken was so big, how come the person that distributes it didn't stop doing it, greed was the reason of the perpetrators downfall, good thing that the enforcement authorities have seized the money that was stolen from this people because some crooks who got ahold of the victim's money always spends it quickly so as not to leave the hot money sitting on their laps to prevent authorities from sniffing some anomaly.