Ryuk ransomware earns hackers $3.7M in Bitcoin over 5 months

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Ryuk ransomware earns hackers $3.7M in Bitcoin over 5 months
By David Canellis


A squad of cybersecurity firms have tracked a ransomware threat spreading across the internet known as Ryuk, which has collected over 705 BTC in just five months, estimated to be worth the equivalent of $3.7 million. Using email phishing campaigns to inject tens of thousands of victims with a banking Trojan called TrickBot, ransomers later hand-picking infected machines believed to be owned by large companies or government organizations on which to deploy Ryuk, ZDNet reports. Once the high-profile machines are selected, Ryuk is built to encrypt all of the targets’ hard drives, locking data until victims contact the hackers and pay a…

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January 14, 2019 at 05:13PM
via The Next Web http://bit.ly/2Fxwsq3

Comments

  1. Steve smithJuly 31, 2019 at 1:58 AM

    The amount earned by Ryuk Ransomware in just a short span of 5 months astounds me! It spreads through common internet services, encrypts the files & demands hefty amount as ransom. The attack of this pernicious file virus could have been avoided by employing good security practices & by being vigilant while using internet.

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