Ransomware Negotiator Pleads Guilty to BlackCat Scheme
ID: 95b17ca1-b7fb-51c4-8db4-4d7f64d80b5d
STIX ID: report--95b17ca1-b7fb-51c4-8db4-4d7f64d80b5d
Feed Name: Dark Reading
Threat Score
A former ransomware negotiator admitted conspiring with BlackCat/ALPHV in 2023 to extort US companies by leaking confidential negotiation and insurance information to attackers; two other cybersecurity professionals also pleaded guilty. The scheme produced at least one reported $1.2M Bitcoin payout, led to money laundering, and resulted in law enforcement seizing approximately $10M in assets, underscoring serious insider-threat and separation-of-duties concerns for incident response.
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