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   $10 million bounty issued by US DOJ for ransomware kingpin responsible for    
   $18 billion of damage   
      
   Date:   
   Wed, 10 Sep 2025 10:43:00 +0000   
      
   Description:   
   The police are looking for a Ukrainian national allegedly responsible for   
   millions in ransomware damages.   
      
   FULL STORY   
      
   The US Department of Justice (DoJ) just placed a bounty on a cybercriminal   
   suspected of a series of cyberattacks around the world.    
      
   The reward is $10 million and will be paid out to anyone who provides enough   
   information to result in his arrest.    
      
   The suspects name is Volodymyr Tymoshchuk, a 28-year-old Ukrainian. He is   
   believed to be the mastermind behind the deployment of LockerGoga ransomware    
   , which infected hundreds of companies. According to the EU Most Wanted   
   website, his group caused more than $18 billion in damage worldwide.   
      
   Previous arrests   
      
   Europol said in its press release that Tymoshchuk and his group were also   
   responsible for the 2019 ransomware attack against a major Norwegian    
   aluminium company. In underground criminal circles, he is known as Deadforz,   
   Boba, Farnetwork, Msfv, and Volotmsk.    
      
   The European law enforcement agency also said that the identification of the   
   suspect came after a complex international investigation, which included   
   operations in France, Germany, Norway, Switzerland, Ukraine, the United   
   Kingdom, and the United States. Both Europol and Eurojust (European Union   
   Agency for Criminal Justice Cooperation) participated, as well.    
      
   While the hunt for Tymoshchuk is on, a few alleged members of his crew have   
   already been arrested in Ukraine. This, Europol further stresses, helped the   
   police map out the structure of the group and identify key individuals,   
   including malware developers, intrusion specialists, and money launderers.    
      
   In mid-March 2019 Norsk Hydro, one of the worlds largest aluminium producers   
   based in Norway, fell victim to a highly disruptive LockerGoga attack that   
   encrypted thousands of endpoints, including corporate and industrial systems.   
   Numerous facilities were impacted, including those in Norway, the US, Brazil,   
   Qatar, and others. Reports at the time said up to 22,000 computers across 170   
   sites were impacted.    
      
   The financial fallout was significant. Losses in the first quarter were   
   estimated at 300350 million NOK (between $35 and 41 million), with additional   
   operational costs mounting up in the weeks and months that followed.    
      
   By mid-2019, Norsk Hydro itself estimated the total cost of the attack across   
   all business areas to be around 800 million NOK ($80 million).   
      
   ======================================================================   
   Link to news story:   
   https://www.techradar.com/pro/security/usd10-million-bounty-issued-by-us-doj-f   
   or-ransomware-kingpin   
      
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