Study Finds Most Ransomware Solutions Just Pay Out Crypto
A study has found that most ransomware recovery services are actually just paying crypto ransoms to hackers.
The victim firm in the ransomware attack had paid $950,000 in bitcoin to the perpetrator through an insurance company. Much of it ended up on Bitfinex.
A new malware technique makes a company's files public if it refuses to pay ransom.
By the end of 2019, at least $128 million in bitcoin had been paid to ransomware hackers. That's not good optics for a payment system.
Hackers can make up to $130,000 a month for a $10,000 investment.
Software firm Emsisoft released a bug fix for the bitcoin-ransoming malware WannaCryFake.