How the Kremlin provides a safe harbor for ransomware

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The value of Kremlin protection isn’t lost on the cybercriminals themselves.

and offered a $5 million reward for information leading to his capture. It said he was known to have been “in the process of obtaining a license to work with Russian classified information from the FSB.”

Yakubets remains at large. Another Russian currently imprisoned in France, however, might offer more insight into the dealings of cybercriminals and the Russian state. Alexander Vinnik was convicted of laundering $160 million in criminal proceeds through a cryptocurrency exchange called BTC-e. A 2017 U.S. indictment charged that “some of the largest known purveyors of ransomware” actually used it to launder $4 billion.

 

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