A Russian man the U.S. federal government says has been a key actor in Russian ransomware hacking faces indictment in two American jurisdictions, economic sanctions and a $10 million reward for information leading to his arrest. The man, Mikhail Matveev, 31, aka Wazawaka, was a central figure of the Babuk ransomware-as-a-service gang. Babuk became inactive…

A newly discovered ransomware gang dubbed RA Group is ramping up its cyberattacks — the latest in a line of threat actors leveraging the leaked Babuk source code. The group distinguishes itself from the rest of the Babuk pack, however, with a highly customized approach. According to an analysis from Cisco Talos this week, RA…