Seriously Risky Business Newsletter
November 11, 2021
Srsly Risky Biz: Thursday, November 11
Presented by
![Tom Uren](/static/img/tom-uren.jpg)
Policy & Intelligence
Your weekly dose of Seriously Risky Business news is written by Tom Uren, edited by Patrick Gray and supported by the Cyber Initiative at the Hewlett Foundation, AustCyber and founding corporate sponsors CyberCX and Proofpoint.
A wave of international action against ransomware demonstrates the effectiveness — and the limits — of coordinated action. The actions involved arrests coupled with unsealed indictments, cryptocurrency seizures, cryptocurrency exchange sanctions and multimillion dollar rewards for information about Darkside or REvil leadership and affiliates. Some of these actions will directly affect the ransomware ecosystem, but the doxxing and rewards appear intended to make life deeply uncomfortable for criminals in bullet-proof jurisdictions like Russia.
Europol announced seven ransomware affiliate arrests, five for involvement in REvil/Sodinokibi ransomware and another two for involvement with GandCrab. The arrests occurred around the world: two people in Romania, three in South Korea, one in Kuwait and one in Poland at the request of the US.