HomesecuritySuspected of ransom your employer criminal plan arrested

Suspected of ransom your employer criminal plan arrested

A Nigerian man has been arrested for plotting to ransom your employer - trying to lure insiders to develop ransomware on employer systems.

See also: Ransomware: It is a black hole that absorbs other cyber threats

Suspected of ransom your employer criminal plan arrested

On November 22, security expert Brian Krebs reported that Oluwaseun Medayedupin had been arrested by Nigerian authorities on Friday.

The suspect is said to be linked to a "ransom your employer" program investigated by Abnormal Security in August.

The cybersecurity company's clients were sent "Partnership affiliate offer" emails, asking the recipient to consider becoming an accomplice in a cyber attack.

The emails offered a 40% reduction in the expected $ 2,5 million Bitcoin (BTC) ransomware payment, which was made after recipients installed the DemonWare ransomware on their employer's systems.

See also: Conti ransomware: Earnings of $ 25,5 million since July

A Microsoft Outlook email address and a Telegram handle were provided to interested parties. Abnormal Security researchers invoked the guise of a fictional person and confirmed that they had been sent an executable ransomware hosted on two file-sharing sites.

However, the ransomware "cut" offered was reduced between $ 120.000 - $ 250.000 as soon as the team began contacting the program operator.

The team suspected that the ransomware initiative may be of Nigerian origin. When asked, the hacker said he was trying to create a social network for Africa called Sociogram and shared his profile on LinkedIn with his full name.

Suspected of ransom your employer criminal plan arrested

See also: FBI: ransomware attacks will increase during the holidays

Medayedupin then contacted Krebs after his report requested that the name Sociogram be removed. Charges against Medayedupin are expected to be filed this week.

Source of information:

Teo Ehc
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