European Authorities Identify Black Basta Suspects as Ransomware Group Collapses

Two Ukrainians are now under suspicion of aiding Black Basta, a ransomware network tied to Russia, after joint work by police units in Ukraine and Germany – this step adds pressure on the hacking group’s operations. The man believed to lead the gang, Oleg Evgenievich Nefedov, aged thirty-five and holding Russian citizenship, appears on key global alerts: one issued by the EU, another by INTERPOL. Though named, he remains at large. 

A Ukrainian cybercrime unit identified two people who handled technical tasks for a ransomware network, focusing on breaking into secured systems. These individuals worked by uncovering encrypted passwords through dedicated tools. Their job was to unlock access codes so others could move deeper. With those login details, associates entered company servers without permission. They installed malicious encryption programs afterward. Victims then faced demands for money before files would be released. 

Finding hidden data drives inside apartments across Ivano-Frankivsk and Lviv opened a path toward tracking illegal transactions. Though police stayed silent on custody details, they emphasized digital trails now feed directly into active probes. 

Emerging in April 2022, Black Basta quickly rose as a leading ransomware force worldwide. Over 500 businesses in North America, Europe, and Australia faced its attacks, bringing in hundreds of millions through crypto ransoms. Instead of acting alone, the group used a s

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