Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybercrime

Two US Security Experts Sentenced to Prison for Helping Ransomware Gang

Ryan Goldberg of Georgia and Kevin Martin of Texas were each sentenced to four years in prison. 

BlackCat ransomware

Two cybersecurity experts from the United States have been sentenced to prison over charges related to their role in ransomware attacks.

Ryan Goldberg of Georgia and Kevin Martin of Texas were each given a 4-year prison sentence after they pleaded guilty to conspiracy to obstruct or affect interstate commerce by extortion.

A third US-based cybersecurity professional who also took part in the ransomware scheme, Angelo Martino from Florida, also pleaded guilty recently and is awaiting sentencing.

The three men were working at cybersecurity firms — two of them as ransomware negotiators — when they decided to conduct ransomware attacks against several companies. 

They used the ransomware known as BlackCat and Alphv to target victims, paying 20% of the ransom to the cybercrime operation’s administrators. 

Authorities said the hackers who turned from white-hat to black-hat received roughly $1.2 million from one victim and laundered their 80% cut through various methods.

Advertisement. Scroll to continue reading.

Martino’s sentencing is scheduled for July 9.

More than 1,000 organizations were targeted in BlackCat ransomware attacks between November 2021 and December 2023, when the operation was disrupted by authorities. A few months later, the cybercriminals received a $22 million ransom from a victim and pulled an exit scam.

The US has been offering a $10 million reward for information on key members of the ransomware group, but no charges have been announced to date.    

Related: FBI Warns of Surge in Hacker-Enabled Cargo Theft

Related: Alleged Chinese State Hacker Extradited to US

Related: British Scattered Spider Hacker Pleads Guilty in the US

Written By

Eduard Kovacs (@EduardKovacs) is senior managing editor at SecurityWeek. He worked as a high school IT teacher before starting a career in journalism in 2011. Eduard holds a bachelor’s degree in industrial informatics and a master’s degree in computer techniques applied in electrical engineering.

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

With "Shadow AI" usage becoming prevalent in organizations, learn how to balance the need for rapid experimentation with the rigorous controls required for enterprise-grade deployment.

Register

Delve into big-picture strategies to reduce attack surfaces, improve patch management, conduct post-incident forensics, and tools and tricks needed in a modern organization.

Register

People on the Move

Chris Sistrunk has been promoted to Practice Leader for Mandiant's OT Security Consulting.

Nudge Security has appointed Patrick Dillon as its Chief Revenue Officer.

AutoNation has appointed Brian Fricke as Chief Information Security Officer.

More People On The Move

Expert Insights

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.