Mark of Ransomware's Success: $370 Million in 2020 Profits
Fresh affiliate programs helped ransomware-as-a-service operators achieve record profits in 2020. (Source: Group-IB) Ransomware dominated the online-enabled crime landscape in 2020, some security experts say, thanks to the massive profits it's been generating and the relative ease of use for attackers - including support from a burgeoning cybercrime-as-a-service market. Blockchain analysis firm Chainalysis this week reported that it's found just under $370 million in known 2020 ransomware profits - via ransoms that got paid - which represents a 336% increase over known 2019 earnings. The firm...
Source: bankinfosecurity.com