Serial ransomware crook gets 70 months behind bars for Nefilim, Hive roles
A New York federal court sentenced Artem Stryzhak, a Ukrainian cybercriminal, to 70 months imprisonment for his roles as an affiliate of the Nefilim and Hive ransomware-as-a-service operations. Stryzhak began collaborating with Nefilim around June 2021 while based in Barcelona, Spain, agreeing to a 20 percent cut of ransom proceeds. He also became one of Hive's earliest affiliates and participated in attacks on approximately seven victims. Nefilim was known for targeting wealthy companies with high annual revenues, with leadership expressing preference for attacks on US, Canada, and Australian firms generating over $100-200 million annually.
Key points
- Ukrainian hacker sentenced to 70 months for ransomware roles
- Affiliate of Nefilim and Hive RaaS operations
- Targeted high-revenue companies in wealthy regions
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. The Register did the reporting; read the original for the full story.
Read the full story at The Register
