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Jafrin Ahmed
May 7, 2022
by Jafrin Ahmed

US Offers $15M Reward for Info on Russia’s Conti Ransomware Group

Coti Ransomware group United States
The United States is offering a reward of up to $15 million for information on the Russia-based Conti ransomware group, State Department spokesman Ned Price said. The reward is offered under the US Department of State’s Transnational Organized Crime Rewards Program.

$150M in Ransomware Paid to the Conti Group

The reward includes $10 million for the identification or the location of leaders of the group, and $5 million for information that results in the arrest of anyone conspiring with Conti.

"In offering this reward, the United States demonstrates its commitment to protecting potential ransomware victims around the world from exploitation by cyber criminals," State Department spokesman Ned Price said.

The FBI estimates more than 1,000 victims have made in excess of $150 million in ransomware payments to the Conti group, making this to be the costliest ransomware payment to a group ever to be documented.

Deadliest Attacked Conducted by the Conti Gang

Earlier last year, the FBI said that Conti was responsible for striking 16 medical and first responder networks in the United States. The same group was blamed for an attack in April on Costa Rica's tax and customs platforms, impacting the Central American country's foreign trade.

In February, the Conti group vowed to attack enemies of the Kremlin if they respond to Russia's invasion of Ukraine.

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United States Coti Ransomware Group Ned Price Coti Ransomware Coti Ransomware Reward
US Offers $15M Reward for Info on Russia’s Conti Ransomware Group
Jafrin Ahmed
Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.