LockBit affiliate jailed for almost four years after guilty plea

An affiliate of the LockBit ransomware gang has been sentenced to almost four years in jail after earlier pleading guilty to charges of cyber extortion and weapons charges. 34-year-old Mikhail Vasiliev, who has dual Russian and Canadian nationality, was arrested in 2022 as part of a multinational law enforcement investigation into LockBit that started in March 2020. According to media reports , Vasiliev admitted targeting organisations, encrypting their data, and demanding over $100 million for the LockBit gang. Canadian police raided Vasiliev's home in Bradford, Ontario, in August 2022...

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