U.S. Accuses Russian of Money Laundering for Ryuk Ransomware Gang

U.S. Accuses Russian of Money Laundering for Ryuk Ransomware Gang

Ransomware attacks are increasing in frequency, victim losses are skyrocketing, and hackers are shifting their targets. WSJ’s Dustin Volz explains why these attacks are on the rise and what the U.S. can do to fight them. Photo illustration: Laura Kammermann

The case marks the first arrest in connection with the Ryuk ransomware group, which gained notoriety with a string of attacks last year targeting U.S. hospitals already strained by the Covid-19 pandemic.

 

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