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Yanluowang Ransomware Initial Access Broker Pleads Guilty

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Aleksey Olegovich Volkov, a Russian national, pleaded guilty to acting as an initial access broker (IAB) for the Yanluowang ransomware group, facilitating attacks on at least eight U.S. companies between July 2021 and November 2022. Volkov breached corporate networks and sold access to the ransomware group, which encrypted victims' data and demanded ransoms ranging from $300,000 to $15 million. Investigators recovered chat logs, stolen data, and evidence linking Volkov to the attacks, including a potential connection to the LockBit ransomware gang. Volkov faces up to 53 years in prison and must pay over $9.1 million in restitution.

Timeline

  1. 10.11.2025 21:12 1 articles · 23h ago

    Yanluowang Ransomware Initial Access Broker Pleads Guilty

    Aleksey Olegovich Volkov pleaded guilty to acting as an initial access broker for the Yanluowang ransomware group, facilitating attacks on at least eight U.S. companies between July 2021 and November 2022. Investigators recovered extensive evidence, including chat logs and stolen data, and traced Volkov's identity through digital footprints. Volkov faces up to 53 years in prison and must pay over $9.1 million in restitution.

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