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MalwarePublished

US Court Sentences Armenian Man to Prison for Ryuk Ransomware Attacks

Source SecurityWeek

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Description

Karen Vardanyan, an Armenian national, was sentenced to 24 months in US federal prison for his involvement in Ryuk ransomware attacks between March 2019 and June 2020. He pleaded guilty to conspiracy and computer fraud and was ordered to pay over $1.2 million in restitution to victims. Vardanyan was likely an affiliate or initial access provider rather than a developer of the Ryuk ransomware. He extorted more than $1 million from several victims. The case highlights ongoing law enforcement efforts against ransomware operators.

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