US Offers $15 Million for Information on the Conti Ransomware Group

According to State Department spokesman Ned Price, the US offered a reward of up to $15 million (approximately Rs. 115 crores) for information on the Russia-based Conti ransomware organization, implicated in cyber extortion assaults throughout the globe.

According to Price, the FBI believes that over 1,000 victims of the Conti gang have paid $150 million (approximately Rs. 1,154 crores) in ransomware payments.

“By giving this reward, the US underscores its commitment to safeguarding prospective ransomware victims throughout the globe from cybercriminal exploitation,” he added.

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The prize is $10 million (approximately Rs. 77 crores) for information leading to the arrest of anybody plotting with Conti and $5 million (about Rs. 38 crores) for information leading to the arrest of anyone conspiring with Conti.

Conti was accused by the FBI last year of hacking 16 medical and first responder networks throughout the United States.

According to Price, Conti was responsible for an assault on Costa Rica’s tax and customs systems in April, which harmed the Central American country’s international commerce.

In February, the Conti group threatened to target Kremlin foes in retaliation for Russia’s invasion of Ukraine.