U.S. places $11 million bounty on Ukrainian ransomware mastermind — Tymoshchuk allegedly stole $18 billion from large companies over 3 years

The United States has placed an $11 million bounty on Volodymyr Tymoshchuk, a Ukrainian man wanted for his involvement with a string of ransomware cybercrimes. Tymoshchuk faces severe federal charges for his part in reportedly masterminding the theft of a combined $18 billion over a three year period.

Tymoshchuk is accused of being the kingpin behind the MegaCortex, LockerGoga, and Nefilim attacks, a string of attacks that were active from Dec. 2018 to Oct. 2021. The MegaCortex attack, which we covered…