Ransomware Racket Nets Developers $325 Million in Bitcoin: Report

The malware authors making up the cyber gang behind the intrusive Cryptowall 3.0 ransomware, a strain of malware, have raked in an estimated $ 325 million from hundreds of thousands of victims around the world by demanding ransom payments in Bitcoin. The ransomware has been active since January, 2015. A cybercriminal group that develops and deploys Cryptowall 3.0 may have gathered millions of dollars of ransom in Bitcoin in this past year alone, a comprehensive study points out. Cryptowall version 3.0 the latest variant of a ransomware that is among the most effective tools used by malicious hackers and attackers to monger […]

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CCN: Financial Bitcoin & Cryptocurrency News

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