The annual Global Impact Conference 2022 brings together visionary business leaders to revolutionize educational systems and inspire collaborative actionRead more APO Group announces content partnership with Pan-African broadcaster VoxAfricaRead more MainOne, an Equinix Company’s MDXi Appolonia Achieves Tier III Constructed Facility certification (TCCF), Now Most Certified Data Center in GhanaRead more United Nations High Commissioner for Refugees (UNHCR) warns rising tide of hunger, insecurity, and underfunding worsening gender-based violence risksRead more The Royal Thai Embassy presents the cultures of Thailand at the Association of Southeast Asian Nations (ASEAN) Festival in KenyaRead more Climate change is the biggest global threat, young people in Africa and Europe tell European Investment Bank (EIB), Debating Africa and Debating EuropeRead more $2 million in prizes awarded at Conference of the Parties (COP27) to African youth-led businessesRead more Africa and Europe’s top business and public sector leaders gather to chart Africa’s economic rebirthRead more Senegal to Host 8th All Africa Music Awards (AFRIMA), Tagged The Teranga EditionRead more The Thai delegation’s active participation at the 145th Assembly of the Inter-Parliamentary Union (IPU) in KigaliRead more

US charges Ukrainian ‘Raccoon Infostealer’ with cybercrimes

show caption
A Ukrainian man being held by the Dutch authorities has been charged in the US with computer fraud for infecting millions of computers with malware./AFP
Print Friendly and PDF

Oct 26, 2022 - 09:33 AM

WASHINGTON — A Ukrainian man has been charged with computer fraud for allegedly infecting millions of computers with malware in a cybercrime operation known as “Raccoon Infostealer,” the US Justice Department said Tuesday.

Mark Sokolovsky, 26, is being held in the Netherlands and the United States is seeking his extradition, the department said in a statement.

It said Raccoon Infostealer malware was leased to cybercriminals for $200 a month, payable in cryptocurrency.

The malware was then installed on the computers of unsuspecting victims and used to steal personal data such as log-in credentials and financial information, the department said.

It said the FBI and law enforcement partners in Italy and the Netherlands dismantled the digital infrastructure supporting “Raccoon Infostealer” in March 2022, when Sokolovsky was arrested.

The Justice Department said the FBI has identified more than 50 million unique credentials and forms of identification such as email addresses and credit card numbers in the stolen data from millions of potential victims around the world.

“This case highlights the importance of the international cooperation that the Department of Justice and our partners use to dismantle modern cyber threats,” Deputy Attorney General Lisa Monaco said.

“As reflected in the number of potential victims and global breadth of this attack, cyber threats do not respect borders, which makes international cooperation all the more critical,” Monaco said.

Sokolovsky is charged with computer fraud, wire fraud, money laundering and identity theft. He faces up to 20 years in prison for the wire fraud and money laundering charges.

The Justice Department said Sokolovsky is appealing a September 2022 decision by the Amsterdam District Court granting his extradition to the United States.

  • bio
  • twitter
  • facebook
  • latest posts

LMBCNEWS.COM uses both Facebook and Disqus comment systems to make it easier for you to contribute. We encourage all readers to share their views on our articles and blog posts. All comments should be relevant to the topic. By posting, you agree to our Privacy Policy. We are committed to maintaining a lively but civil forum for discussion, so we ask you to avoid personal attacks, name-calling, foul language or other inappropriate behavior. Please keep your comments relevant and respectful. By leaving the ‘Post to Facebook’ box selected – when using Facebook comment system – your comment will be published to your Facebook profile in addition to the space below. If you encounter a comment that is abusive, click the “X” in the upper right corner of the Facebook comment box to report spam or abuse. You can also email us.