FBI Arrests Co-Founder of Canadian Ransomware Negotiation Firm

According to Krebs on Security, agents with the Federal Bureau of Investigation arrested the co‑founder of a Canadian cybersecurity firm on Thursday. The individual is linked to a company that specializes in negotiating with ransomware operators. The arrest stems from an investigation targeting the ShinyHunters hacking group, which recently exfiltrated sensitive data pertaining to thousands of FBI agents.

Multiple sources have informed KrebsOnSecurity about the breach involving confidential information belonging to numerous FBI personnel. The firm identified in the report engages in ransomware negotiation activities and was founded jointly by the individual now under arrest and another unnamed partner.