One Single Ransomware Gang Made over $121 Million. From Softpedia.
A group or individual operating a ransomware distribution operation has earned 189,813 Bitcoin (over $121 million) from his/their activities, according to a recent quarterly report published this week by McAfee Labs.
Experts say that the crook’s current Bitcoin wallet address still holds around $94 million, meaning the crook spent $27 million, either on servers and other costs or on himself.
These kinds of profits are exactly what drive cyber-criminals to ransomware operations.
Ransomware incidents up 128% compared to last year:According to McAfee’s telemetry data, the total number of ransomware infections has grown 128 percent year-over-year. Every quarter, the company’s security experts find new versions of ransomware, more than the previous one.