BREAKING: Ukrainian national Artem Stryzhak has just pleaded guilty in a Brooklyn federal court to his role in a global ransomware conspiracy that extracted millions from businesses worldwide. This urgent development underscores the ongoing battle against cybercrime that impacts large corporations in the United States, Canada, and Australia.
Stryzhak, who was arrested in Spain in June 2024 and extradited to the U.S. on April 30, admitted to conspiracy to commit fraud and related computer extortion. He faces a maximum sentence of 10 years in prison. The implications of this case are significant, as it highlights the vulnerabilities of major companies to sophisticated cyber attacks.
Authorities report that Stryzhak and his associates employed the notorious Nefilim ransomware to infiltrate and encrypt the digital systems of large firms, subsequently demanding ransom payments. They threatened to release sensitive data on “Corporate Leaks” websites if their demands were not met, exploiting the fear of data exposure to extort funds.
The U.S. Department of State has offered a staggering $11 million reward for information leading to the arrest of Stryzhak’s alleged co-conspirator, Volodymyr Tymoshchuk, currently at large. Tymoshchuk is identified as a key administrator behind the Nefilim ransomware, and his whereabouts remain unknown.
“This conviction reflects our commitment to holding individuals accountable for cybercrimes,” stated U.S. Attorney Joseph Nocella.
The investigation was aided by robust cooperation between international and federal law enforcement agencies, including the FBI’s New York Field Office and Spanish authorities. Special Agent in Charge Christopher J.S. Johnson of the FBI emphasized ongoing efforts to track cybercriminals across borders, stating, “We trace digital activity across networks to identify those responsible.” This case, managed by the Office’s National Security and Cybercrime Section, showcases the importance of digital evidence in securing prosecutions.
The public is urged to report any information regarding Tymoshchuk or related individuals to the FBI at +1-917-242-1407 or via email at [email protected]. Details about the State Department’s reward offer can be found on its official website, and tips can also be submitted to any U.S. embassy abroad.
As this case continues to develop, the fight against global ransomware attacks remains a top priority for law enforcement agencies. The outcome of Stryzhak’s sentencing, along with the ongoing search for Tymoshchuk, will be watched closely by stakeholders across multiple sectors, highlighting the critical nature of cybersecurity in today’s digital landscape.
