The Belarusian cybercriminal behind the Ransom Cartel ransomware group has been sentenced to 16 years in prison for his role in ransomware attacks on at least 18 companies worldwide. Maksim Silnikau, 40, was the creator and administrator of the Ransom Cartel ransomware-as-a-service operation and recruited other cybercriminals to conduct ransomware attacks globally.
According to court documents, Silnikau began developing the ransomware operation in May 2021, initially under a different name, before rebranding it as Ransom Cartel in 2022. Between 2021 and 2023, along with his co-conspirators, at least 18 companies fell victim to attacks, including companies in California, New York, and Nebraska. The attacks caused more than $6.
7 million in losses, and the group attempted to extort at least $5. 2 million from victims. Silnikau did not conduct many of the intrusions himself.
He was the administrator of the operation and purchased stolen credentials from initial access brokers, recruited affiliates to conduct attacks, negotiated with victims, used cryptocurrency mixers to hide the proceeds from the attacks, and split the money with the group’s affiliates. Silnikau has a long history of cybercrime, having reportedly been a core member of the REvil ransomware operation, a member of Russian-speaking cybercrime forums since at least 2005, and a member of the cybercrime website Direct Connection from 2011 until the site was shut down in 2016.
Silnikau was involved in the distribution of the Angler exploit kit and various malvertising and malware distribution schemes between October 2013 and March 2022. Along with a Ukrainian national and a Russian national, Silnikau was charged with participation in the distribution of the Angler exploit kit in a separate indictment in New Jersey. Following an international law enforcement investigation, Silnikau was arrested in Spain on July 18, 2023; however, fled while awaiting extradition to the United States to face the charges.
He was recaptured attempting to return to Belarus from Poland and was extradited to the U. S. from Poland in 2024 to face the charges in the Eastern District of Virginia.
Prosecutors charged Silnikau with seven counts, although he was only convicted on three: conspiracy to commit offenses against the United States, wire fraud, and aggravated identity theft, and was sentenced to 16 years in jail. The post Ransom Cartel Mastermind Sentenced to 16 Years in Prison appeared first on The HIPAA Journal .
Originally published at hipaajournal.com
