Alleged LockBit ransomware gang member arrested in Canada

Authorities in Canada have arrested an alleged member of the LockBit ransomware gang, according to the Department of Justice. Mikhail Vasiliev, a dual Russian-Canadian citizen, is awaiting extradition to the US, where he is charged with conspiracy to intentionally damage protected computers and to transmit ransom demands. Vasiliev faces a prison sentence of up to five years and a fine of up to $250,000 if he is convicted.