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www.infosecurity-magazine.com

Just Three Ransomware Gangs Accounted for 40% of Attacks Last Month Google Chrome Rolls Out Protection Against Infostealers Targeting Session Cookies STX RAT Targets Finance Sector With Advanced Stealth Tactics Bitcoin Depot Reports $3.6m Crypto Theft After System Breach Atomic Stealer MacOS ClickFix Attack Bypasses Apple Security Warnings Middle East Hack-for-Hire Operation Traced to South Asian Cyber Espionage Group Governance Gaps Emerge as AI Agents Drive 76% Increase in NHIs Google Warns of New Threat Group Targeting BPOs and Helpdesks Google API Keys Quietly Gain Access to Gemini on Android Devices Critical Vulnerability in Ninja Forms Exposes WordPress Sites Anthropic Launches Project Glasswing to Use AI to Find and Fix Critical Software Vulnerabilities US Thwarts DNS Hijacking Network Controlled by Russian APT28 Hackers Claude Discovers Apache ActiveMQ Bug Hidden for 13 Years Iran‑Backed Threat Actors Hit US CNI Providers via Internet‑Facing OT Assets Russian APT28 Hackers Hijack Routers to Steal Credentials, UK Security Agency Warns GPU Rowhammer Attack Enables Privilege Escalation and Full System Compromise GrafanaGhost Exploit Bypasses AI Guardrails for Silent Data Exfiltration Over $17bn Lost to Cyber Fraud in the Last Year, Warns FBI Storm-1175 Exploits Flaws in High-Velocity Medusa Attacks Fortinet Releases Emergency Patch After FortiClient EMS Bug Is Exploited New Phishing Platform Used in Credential Theft Campaigns Against C-Suite Execs New 'Storm' Infostealer Remotely Decrypts Stolen Credentials NCSC Issues Security Alert Over Hackers Targeting WhatsApp and Signal Accounts Apple Expands iOS 18 Security Updates Amid DarkSword Threat Researchers Observe Sub-One-Hour Ransomware Attacks GitHub Used as Covert Channel in Multi-Stage Malware Campaign Most CNI Firms Face Up to £5m in Downtime from OT Attacks Google Introduces Android Dev Verification Amid Openness Debate New Venom Stealer MaaS Platform Automates Continuous Data Theft Chinese Hackers Target European Governments in Espionage Campaigns
Russian Initial Access Broker Handed 81-Month Sentence
Phil Muncaster · 2026-03-24 · via www.infosecurity-magazine.com

A prolific initial access broker (IAB) who played a key role in dozens of ransomware attacks costing victims over $9m, has been sentenced to 81 months behind bars in the US.

Russian national, Aleksei Volkov, 26, of St. Petersburg, was sentenced in an Indiana court yesterday. He pleaded guilty last November to unlawful transfer of a means of identification, trafficking in access information, access device fraud, and aggravated identity theft.

He had also pleaded guilty in a Pennsylvania court to conspiracy to commit computer fraud and conspiracy to commit money laundering, before the cases were consolidated in Indiana.

Volkov and his co-conspirators admitted to hacking victims’ networks, stealing their data, deploying ransomware and then dividing between themselves the ransom they subsequently extorted. The Department of Justice (DoJ) claimed that they tried to extort victim organizations to the tune of $24m.

Read more on IABs: Cybercriminals Exploit Low-Cost Initial Access Broker Market.

Volkov was accused of working as an IAB for several “major cybercrime groups,” including the Yanluowang ransomware operation.

IABs continue to comprise an important part of the cybercrime supply chain, selling unauthorized access to networks to mainly ransomware-as-a-service (RaaS) outfits. This helps to lower the barriers to entry for these groups, while also speeding up attacks.

Yanluowang Ransomware Unmasked   

Yanluowang was first spotted in 2021 using aggressive "triple extortion" tactics whereby data would be stolen and encrypted and then victims threatened with DDoS as well as “calls to employees and business partners” if they didn’t pay up.

Despite the name, which references a Chinese deity linked to the underworld, the group was subsequently found to be Russian. It was unmasked by researchers in 2022 after a whistleblower shared thousands of internal messages on Twitter.

Among its members were leader and payroll manager “Saint,” lead developer Killanas (aka "coder0") and pen-testers “Felix” and “Shoker.”

The group counted Cisco and Walmart among its victims.

In a rare move, Volkov eschewed the relative safety of Russia and was arrested in Rome in 2024 after being indicted in the US the previous year. He was then extradited to the US in 2025. He has agreed to pay restitution of at least $9.2m to compensate known victims for their losses.