Reward Offers Announced for Info to Bring Conti Ransomware Variant Conspirators to Justice

The Department of State is offering a reward of “up to $10,000,000 for information leading to the identification and/or location of any individual(s) who hold a key leadership position in the Conti ransomware variant transnational organized crime group.”

In addition, the Department is also offering a reward of “up to $5,000,000 for information leading to the arrest and/or conviction of any individual in any country conspiring to participate in or attempting to participate in a Conti variant ransomware incident.”

The Conti ransomware group has reportedly been responsible “for hundreds of ransomware incidents over the past two years.”

The FBI estimates that as of January 2022, there had been “over 1,000 victims of attacks associated with Conti ransomware with victim payouts exceeding $150,000,000, making the Conti Ransomware variant the costliest strain of ransomware ever documented.”

In April 2022, the group perpetrated a ransomware incident “against the Government of Costa Rica that severely impacted the country’s foreign trade by disrupting its customs and taxes platforms.”

In offering this reward, the United States demonstrates its commitment “to protecting potential ransomware victims around the world from exploitation by cyber criminals.”

The Department now looks to partner with nations willing “to bring justice for those victims affected by ransomware.”

This reward is offered “under the Department of State’s Transnational Organized Crime Rewards Program (TOCRP).

The Department manages the TOCRP in close coordination with their federal law enforcement partners as part of “a whole of government effort to disrupt and dismantle transnational organized crime globally, including cybercrime.”

Over 75 transnational criminals and major narcotics traffickers have reportedly been “brought to justice under the TOCRP and the Narcotics Rewards Program (NRP) since 1986.”

The Department has paid “more than $135 million in rewards under these programs to date.”

For additional information on the group listed above and the TOCRP, you may check out the Department of State INL Transnational Organized Crime Rewards.

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