The Department of State Announces Reward Offer Against Russian Ransomware Actor

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The following Press Statement was published by the U.S Department of State, Bureau of European and Eurasian Affairs on May 16. It is reproduced in full below.

The impacts of ransomware attacks are significant and far-reaching, with victims suffering loss and disclosure of sensitive information and disruption of critical services.  Russia is a safe haven for cybercriminals, an environment in which ransomware actors are free to conduct malicious cyber operations against the United States and our partners and allies.

Today, the State Department is announcing a reward offer, under the Transnational Organized Crime Rewards Program (TOCRP), of up to $10 million, for information leading to the arrest and/or conviction of Russian national Mikhail Pavlovich Matveev for transnational organized crime. We are taking these actions Matveev for his role in ransomware incidents targeting U.S. law enforcement, businesses, and critical infrastructure around the world.

In conjunction with this action, the Department of Justice unsealed two indictments against Matveev in the District of Columbia and the District of New Jersey. The Treasury Department also imposed financial sanctions on Matveev.

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Any information in response to this reward offer should be directed to the FBI here. Treasury designated Matveev pursuant to Executive Order 13694, as amended. For more information about this designation, please see the Department of the Treasury’s press release.  For more information on the Department of Justice actions please see their press release. For more information on Matveev, please visit the TOCRP page at state.gov.

Source: U.S Department of State, Bureau of European and Eurasian Affairs

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