Economy

Ukraine arrests ransomware gang in global cybercriminal crackdown

A chainlink fence separates us from fossil fuel tanks.

Enlarge / A Colonial Pipeline facility in Woodbridge, New Jersey. Hackers last month disrupted the pipeline supplying petroleum to much of the East Coast. (credit: Michael M. Santiago, Getty Images)

Ukrainian police have arrested members of a notorious ransomware gang that recently targeted American universities, as pressure mounts on global law enforcement to crack down on cybercriminals.

The Ukraine National Police said in a statement on Wednesday that it had worked with Interpol and the US and South Korean authorities to charge six members of the Ukraine-based Cl0p hacker group, which it claimed had inflicted a half-billion dollars in damages on victims based in the US and South Korea.

The move marks the first time that a national law enforcement agency has carried out mass arrests of a ransomware gang, adding to pressure on other countries to follow suit. Russia, a hub for ransomware gangs, has been blamed for harbouring cybercriminals by failing to prosecute or extradite them.

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