US Offering Reward for Information on Russian Ransomware Group

The State Department is offering rewards of up to $15 million for information leading to the arrest or conviction of people with ties to ransomware attacks carried out by LockBit and the group’s key leaders, the agency said this week. The announcement was made alongside new Treasury Department sanctions that designated two Russian nationals for their ties to the Russia-based ransomware group and its cyberattacks (see 2402200033). Since 2020, LockBit has carried out over 2,000 attacks, costing more than $144 million in ransom payments, the State Department said.