The infamous Reveton ransomware gang henceforth arrested: Realties and Stakes

 Between the members of the Gang: six Russians, two Ukrainians and two Georgians. According to the Spanish Authorities this ransomware operation netted the group more than 1 million euros a year. We also learn that the gang leader, a 27 year-old Russian national, was reportedly arrested in December 2012 while holidaying in Dubai UAE, but his arrest was seemingly kept
under wraps until they were able to round up the rest of the crew. In fact the gang method was simple: The Reveton crew makes use of ransomware, which is malicious software that locks you out of your computer or your data, and demands money to let you back in. Reveton pretends to be a warning from the police. It locks you out of your PC, threatens criminal proceedings within 48 hours. The ultimate goal is to scare the victim into forking over a fine typically about $200 USD. Naked Security writer Paul Ducklin explains Reveton/FBI ransomware, in this video: As reported by NakedSecurity: ‘’this arrest is a great coup for the Spanish authorities. Working with international and European authorities and firms like Trend Micro, they might have just have dismantled a seriously notorious malware gang. More than 1200 complaints of a "POLICE VIRUS" were reported to the Spanish authorities - a tiny percentage of the number of suspected victims. There is little doubt however that these 1200 complaints were instrumental in focusing the authorities' efforts on dismantling the Reveton malware gang. ‘’

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