Ransomware Negotiator Pleads Guilty to Aiding BlackCat Attacks in 2023
ID: f0bd589a-0ff0-5357-9d21-20ec5946080b
STIX ID: report--f0bd589a-0ff0-5357-9d21-20ec5946080b
Feed Name: The Hacker News
Threat Score
A former ransomware negotiator, Angelo Martino, pleaded guilty to conspiring with BlackCat ransomware operators and two other incident responders to deploy ransomware and extort multiple U.S. companies in 2023. Martino provided attackers with confidential negotiation strategies and insurance limits to increase ransom payouts, shared illicit proceeds after successful extortion (one case ≈ $1.2M), and had $10M in assets seized; co-conspirators have also pleaded guilty and sentencing is scheduled.
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