“Evil Corp” hackers strike again, demand $10M to restore Garmin services

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Evil Corp is a Russian-based cybercriminal group that has been active since 2007. They specialize in targeted attacks on corporate networks. 

The U.S. Department of Justice (DOJ) charged Russian citizens Maksim V. Yakubets and Igor Turashev for deploying malware for ransomware to commit international bank fraud and computer hacking schemes in November of last year.

The two were charged with conspiracy, computer hacking, wire fraud, and bank fraud in a 10-count indictment,  concerning the distribution of the malware they used to automate the theft of sensitive financial and personal information like banking credentials, as well as for infecting their victims with ransomware in more recent attacks.

The U.S. Treasury Department sanctioned the Evil Corp gang in December 2019 after being charged for using Dridex to cause more than $100 million in financial damages.

At that time, the State Department, in partnership with the FBI, announced a reward of up to $5 million under the Transnational Organized Crime Rewards Program for information leading to the arrest and/or conviction of Yakubets. Unfortunately, all the known affiliates of the Evil Corp are Russian citizens.  

Symantec stops hack attack in June

Symantec previously reported on June 26 that it was able to block Evil Corp from deploying WastedLocker ransomware payloads in attacks against 31 large private companies, including 30 U.S. corporations, including “11 listed companies, eight of which are Fortune 500 companies.”