By Tom Spring June 3, 2016
Ransomware as a business is maturing and nowhere is that better illustrated than in Russia, according to Flashpoint researchers. The security firm released two reports on Thursday, one on a burgeoning ransomware-as-a-service business model (PDF) in Russia and the second on new developments in Russian ransomware kingpins targeting hospitals (PDF).
Researchers conclude, the ransomware industry is getting more brazen, coordinated and surprisingly is struggling with issues of ethics. Both reports unearth some interesting tidbits of the Russian ransomware business such as the average yearly income for a ransomware crime boss in Russia is $90,000.
Flashpoint discovered, in the case of ransomware-as-a-service, the market is quickly evolving to where seasoned ransomware criminals are now actively seeking new recruits in hopes of rapidly growing their business.
Full Article
Userlevel 7
These cyber criminals have a lot of money to take and will stop at nothing to get what they want. So now organization is the route to go like anyother business.
Reply
Login to the community
No account yet? Create an account
Enter your username or e-mail address. We'll send you an e-mail with instructions to reset your password.