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Suspects arrested in Ukraine and Armenia as Eurojust coordinate international cybercrime operation targeting ransomware | #cybercrime | #infosec

Ransomware networks allegedly responsible for extorting hundreds of millions of dollars have been dismantled in a massive cybercrime crackdown. 

A specialist team took down more than 100 servers and seized control of over 2,000 internet domains across the globe. 

The operation — dubbed Endgame — was coordinated by the European Union’s judicial cooperation agency Eurojust. 

It involved police agencies in Europe and America. 

Four “high value” suspects were arrested during the raids — three in Ukraine and one in Armenia. 

Police have now warned cybercriminals no one is untraceable. 

What we know about the operation

The operation involved coordinated action in Germany, the Netherlands, France, Denmark, Ukraine, the United States and United Kingdom, Eurojust said.

Searches were carried out in Ukraine, Portugal, the Netherlands and Armenia, leading to the arrest of four people. 

It is the latest international operation aimed at disrupting malware and ransomware operations. 

What is ransomware? 

Ransomware is a form of malware and involves a malicious software designed to block access to a computer system until a sum of money is paid.

It is often sent via phishing emails that contain a link to an infected website. 

Ransomware involves sending a malicious software to an unsuspecting person. (Reuters: Dado Ruvic )

When a user clicks on the link, malware is downloaded and installed without their knowledge. Hackers can then steal data, encrypt it, or lock the device. 

This operation targeted malware “droppers” called IcedID, Pikabot, Smokeloader, Bumblebee and Trickbot. 

A dropper is malicious software usually spread in emails containing infected links or attachments such as shipping invoices or order forms.

What did the ransomware network allegedly do? 

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