Trickbot ransomware hackers hit with US and UK sanctions

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Trickbot ransomware hackers hit with US and UK sanctions
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Trickbot members used various ransomware strains to extort at least $833 million in cryptocurrency from victims.

Trickbot members hit with sanctions in February of this year, which also marked the first ever joint sanctions between the U.S. and UK. The 18 individuals face travel bans, asset freezes and curtailed access to legitimate financial services, the UK National Crime Agency said."Attacks by this ransomware group have caused significant damage to our businesses and ruined livelihoods, with victims having to deal with the prolonged impact of financial and data losses," the NCA added.

Trickbot members targeted hospitals, schools, local authorities and businesses in the UK and government entities, businesses health care providers during the COVID-19 pandemic in the U.S. © 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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