Cybersecurity Employees Plead Guilty To Ransomware Attacks

Two cybersecurity professionals who spent their careers defending organizations against ransomware attacks have pleaded guilty in a Florida federal court to using ALPHV/BlackCat ransomware to extort American businesses throughout 2023.

Ryan Goldberg, a 40-year-old incident response manager from Georgia, and Kevin Martin, a 36-year-old ransomware negotiator from Texas, admitted to conspiring to obstruct commerce through extortion. Between April and December 2023, Goldberg, Martin, and a third unnamed co-conspirator deployed the ransomware against multiple U.S. victims and agreed to pay ALPHV BlackCat's operators a 20% cut of any ransoms received. They successfully extracted approximately $1.2 million in Bitcoin from one victim, splitting their 80% share three ways before laundering the proceeds. Both men face up to 20 years in prison and are scheduled for sentencing on March 12, 2026.

The Justice Department noted that all three conspirators possessed specialized skills in securing computer systems against the very attacks they carried out. ALPHV BlackCat has targeted more than 1,000 victims globally and was the subject of an FBI disruption operation in December 2023 that saved victims an estimated $99 million through a custom decryption tool.

Read more of this story at Slashdot.