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A single ransomware network has pulled in $121 million

Posted on September 14, 2016 by Dissent

Maria Korolov reports:

A single ransomware author and distributor was able to collect $121 million in ransomware payments during the first half of this year, netting $94 million after expenses, according to a report released today.

[…]

Total ransomware increased by 128 percent during the first half of 2016 compared to the same period last year. There were 1.3 million new ransomware samples recorded, the highest number since McAfee began tracking it.

There were also nearly 2 million new mobile malware samples, also the highest ever recorded. Total mobile malware grew 151 percent in the past year, according to the report.

Read more on CSO.


Related:

  • Two more entities have folded after ransomware attacks
  • British institutions to be banned from paying ransoms to Russian hackers
  • Global hack on Microsoft product hits U.S., state agencies, researchers say
  • Authorities released free decryptor for Phobos and 8base ransomware
  • More than 100 British government personnel exposed by Ministry of Defence data leak
  • North Country Healthcare responds to Stormous's claims of a breach
Category: Commentaries and AnalysesMalwareOf Note

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