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Ransomware victims have paid out more than $25 million, Google study finds

Posted on July 26, 2017 by Dissent

Russell Brandom reports:

Ransomware victims have paid more than $25 million in ransoms over the last two years, according to a study presented today by researchers at Google, Chainalysis, UC San Diego, and the NYU Tandon School of Engineering. By following those payments through the blockchain and comparing them against known samples, researchers were able to build a comprehensive picture of the ransomware ecosystem.

Read more on The Verge.


Related:

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  • Armenian National Extradited to the United States Faces Federal Charges for Ransomware Extortion Conspiracy
Category: Commentaries and AnalysesMalware

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