Mark Sokolovsky, a Ukrainian national, has been handed a 60-month prison sentence for his involvement in a conspiracy to commit computer intrusion. Court documents reveal that Sokolovsky conspired to operate the Raccoon Infostealer as a malware-as-a-service (MaaS), allowing individuals to steal data from victims by leasing access to the malware for approximately $200 per month, paid for with cryptocurrency.
The scheme involved deploying Raccoon Infostealer through various methods like email phishing to install the malware on unsuspecting victims’ computers. Once installed, the malware would extract personal data including log-in credentials, financial information, and other sensitive records. This stolen information was then used to carry out financial crimes or sold on cybercrime forums.
According to Special Agent in Charge Aaron Tapp of the FBI’s San Antonio field office, Sokolovsky’s infostealer compromised over 52 million user credentials, which were then utilized in fraudulent activities, identity theft, and ransomware attacks on millions of victims worldwide. In March 2022, Sokolovsky was arrested by Dutch authorities, leading to the dismantling of the digital infrastructure supporting Raccoon Infostealer by law enforcement agencies in Italy and the Netherlands. This action resulted in the shutdown of the malware’s existing version.
After being indicted for crimes related to fraud, money laundering, and aggravated identity theft, Sokolovsky was extradited from the Netherlands in February 2024. As part of his plea agreement in October, Sokolovsky agreed to forfeit $23,975 and pay a minimum of $910,844.61 in restitution.
U.S. Attorney Jaime Esparza for the Western District of Texas emphasized Sokolovsky’s role as a key figure in an international criminal conspiracy that victimized numerous individuals. By facilitating the administration of malware that enabled even amateurs to carry out sophisticated cybercrimes, Sokolovsky’s actions had far-reaching consequences for cybersecurity around the world.
The case highlights the significant impact of cybercriminal activities on individuals and businesses globally. It serves as a reminder of the importance of strong cybersecurity measures and the collaboration between law enforcement agencies to combat such threats effectively.
In conclusion, Mark Sokolovsky’s conviction and sentencing for his involvement in the Raccoon Infostealer conspiracy underscore the serious repercussions of engaging in cybercrime. As authorities continue to crack down on such illegal activities, it sends a clear message that those responsible will be held accountable for their actions.