Curated Content | Thought Leadership | Technology News

U.S. Offers $10 Million Reward for Info on ALPHV/BlackCat Affiliates

Tightening its grip.
Cambron Kelly
Contributing Writer

The U.S. Department of State has announced an expansion in its efforts to combat cybercrime, specifically targeting the notorious ALPHV/BlackCat ransomware gang and its affiliates with a reward of up to $10 million. This move comes in the wake of a massive cyberattack on Change Healthcare, a leading U.S. health tech company, which was orchestrated by an affiliate of the ALPHV/BlackCat gang. The attack severely disrupted the U.S. healthcare system, affecting access to patient records and billing information, and highlighted the growing threat of ransomware-as-a-service operations.

In an effort to address this challenge, the U.S. government’s reward program aims to disrupt the operations of ransomware gangs like ALPHV/BlackCat by incentivizing the disclosure of information that can lead to their identification/ arrest.

Why it matters: The aggressive stance taken by the U.S. government underscores the increasing threat that ransomware gangs pose to national security and critical infrastructure. The involvement of the ALPHV/BlackCat gang, particularly in the healthcare sector, raises alarms over the safety of sensitive patient data and the resilience of essential services against cyberattacks. Furthermore, the implications of potential links between these cybercriminals and foreign governments, as suggested by the State Department, add a layer of complexity to the fight against global cybercrime.

  • The U.S. Department of State’s offer extends beyond the leadership of ALPHV/BlackCat, aiming to dismantle the entire network by including affiliates responsible for carrying out attacks.
  • Despite efforts to secure its network, Change Healthcare’s breach left a significant amount of sensitive patient data potentially exposed. The aftermath raises concerns over privacy, data security, and the impact on patients nationwide.
  • The ALPHV/BlackCat affiliate’s cyberattack on Change Healthcare not only disrupted U.S. healthcare operations but also exposed potential internal conflicts within the ransomware gang, leading to public accusations of an “exit scam” by the main group.

Go Deeper -> US offers $10M to help catch Change Healthcare hackers – TechCrunch

US Offering $10 Million Reward for Information on Change Healthcare Hackers – SecurityWeek

You have free article(s) left this month courtesy of CIO Partners.

Enter your username and password to access premium features.

Don’t have an account? Join the community.

Would You Like To Save Articles?

Enter your username and password to access premium features.

Don’t have an account? Join the community.

Save My Spot For TNCR LIVE!

Thursday April 18th

9 AM Pacific / 11 PM Central / 12 PM Eastern

Register for Unlimited Access

Already a member?

Digital Monthly

$12.00/ month

Billed Monthly

Digital Annual

$10.00/ month

Billed Annually

US Infrastructure Targeted in Alleged Chinese Hacker Campaign
Water, power and more essential sectors have been targeted

Would You Like To Save Books?

Enter your username and password to access premium features.

Don’t have an account? Join the community.

Log In To Access Premium Features

Sign Up For A Free Account

Please enable JavaScript in your browser to complete this form.