U.S. cybersecurity experts plead guilty for ransomware attacks, face 20 years in prison each — group demanded up to $10 million from each victim

Two former cybersecurity experts have pleaded guilty to ransomware attacks on U.S. companies, facing up to 20 years in prison each for demanding up to $10 million from victims. The offenders, former employees of Sygnia and DigitalMint, used their expertise to commit the crimes they should have been preventing. The group, including an unnamed co-conspirator, utilized the ALPHV BlackCat ransomware-as-a-service, targeting companies in multiple states. The FBI Miami Field Office led the investigation, with assistance from the U.S. Secret Service, and the Southern District of Florida is handling the asset forfeiture case.