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Yanluowang initial access broker pleaded guilty to ransomware attacks

A Russian national will plead guilty to acting as an initial access broker (IAB) for Yanluowang ransomware attacks that targeted at least eight U.S. companies between July 2021 and November 2022. According to a plea agreement signed by the defendant on October 29, first spotted by Court Watch editor Seamus Hughes, Aleksey Olegovich Volkov (who used the "chubaka.kor" and "nets" aliases) breached corporate networks and sell that access to the ransomware group, which deployed ransomware to encrypt victims' data and sent ransom demands ranging from $300,000 to $15 million paid to be paid Bitcoin. FBI investigators obtained search warrants for a server linked to the operation, recovering chat logs, stolen data, victim network credentials, as well as evidence of Yanluowang email accounts used…

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Source
bleepingcomputer.com
Published
Nov 10, 2025
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language: en
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