Former Ransomware Negotiator Angelo Martino Pleads Guilty to Helping BlackCat

· Original article ↗

Summary

Former ransomware negotiator Angelo Martino pleaded guilty to helping BlackCat/ALPHV by sharing confidential information from five victim companies to aid ransom negotiations; DOJ says the group paid him. Authorities seized $10 million in assets.

Key points

  • The Justice Department said Martino shared confidential information from five companies with BlackCat/ALPHV to help the group negotiate ransom payments.
  • According to the DOJ, BlackCat actors paid Martino for the information.
  • Martino, who worked as a ransomware negotiator at an incident response firm, pleaded guilty and faces up to 20 years in prison.
  • Law enforcement seized assets worth $10 million from Martino.
  • The article says BlackCat targeted more than 1,000 organizations from November 2021 to December 2023; the operation was disrupted by law enforcement, and the group continued for several months before an exit scam after receiving a $22 million ransom.

Article Details

Event Type
Guilty plea in a case involving cybersecurity insiders who assisted a ransomware group.
Impact
According to the Justice Department, Angelo Martino provided BlackCat/Alphv with confidential information that helped the group negotiate higher ransom payments from victims. Authorities seized $10 million in assets from Martino. BlackCat ransomware attacks targeted more than 1,000 organizations between November 2021 and December 2023.

Threat Actors

Countries

Industries