US offers huge reward in fight against state-sponsored cybercriminals

US offers huge reward in fight against state-sponsored cybercriminals

Excerpt: The US Department of State has announced that its Rewards for Justice (RFJ) program is now offering: …up to $10 million for information leading to the identification or location of any person who, while acting at the direction or under the control of a foreign government, participates in malicious cyber activities against U.S. critical infrastructure in violation of the Computer Fraud and Abuse Act (CFAA). (…) To enable the reward system the RFJ has set up a Dark Web reporting channel. Exactly the same privacy-enhancing technology ransomware gangs use to conduct their ransom negotiations without being located or identified. Some may be surprised at the size of the reward. One of the key reasons we have seen ransomware get progressively worse is that the spoils often outweigh the risks. With the $10 million reward the US is hoping to rebalance the equation. Cybercrime has become a mature industry, with different groups specializing in different parts of the value chain. That requires a level of trust to operate smoothly, and with this financial incentive, the US has just given everyone involved in the cybercrime industry a new and very significant reason to doubt the trustworthiness of their suppliers and affiliates. [$10,000,000 is a whole lot of real dollars. If you know something useful to them, it would be life changing for almost anyone. Alan25main]

2 Likes

Rebuild the Internet. It’s antiquated now and full of exploitable vulnerabilities.