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crime54m ago
Ransomware negotiator pleads guilty after leaking victims' insurance details to 'BlackCat' hackers — perp gave attackers a precise picture of exactly how much each target could afford to pay
- Angelo Martino pleaded guilty to conspiring with the BlackCat ransomware gang to extort five U.S. companies.
- He used his access to leak confidential details about victims, including cyber insurance limits, to the attackers.
- Ransom payments across the five victims totaled over $75 million, with individual payouts above $25 million.
- Martino’s sentencing is scheduled for July 9, with co-conspirators set for later.
- The DOJ said Martino betrayed victims, his employer, and the incident-response industry.
- The case marks the third and final confession among the insider group.
- The victims included a nonprofit, a financial services company, and more across multiple sectors.
- The scheme involved insider access to inform BlackCat operators about target finances and negotiation dynamics.
- The breach-related actions targeted public, private, and healthcare sectors, underscoring cross-sector risk.
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