Russian national Aleksei Volkov, 26, was sentenced to 81 months in federal prison for helping major cybercrime groups, including the Yanluowang ransomware organization, conduct attacks against U.S. companies. Volkov acted as an “initial access broker,” locating vulnerabilities and selling unauthorized entry to other hackers. His activities resulted in over $9 million in actual losses and more than $24 million in intended losses. He pleaded guilty in the Southern District of Indiana and Eastern District of Pennsylvania to offenses such as unlawful transfer of identification, trafficking in access information, and conspiracy to commit computer fraud and money laundering. Volkov agreed to pay restitution of at least $9 million to victims and forfeiture of equipment used in the crimes.
Made by AI. If you spot anything of concern write us at contact@cybach.com. We’ll promptly correct irregularities.