Researchers uncover largest Ransomware-as-a-Service Cerber

posted almost 6 years ago
Check Point researchers have discovered the sophisticated organization of Cerber, a Ransomware-as-a-Service (RaaS), which is reported to have had a total estimated profit of $195,000 in July alone.

Based on data collected by the researchers they found that the RaaS ring currently runs 161 active campaigns, infecting around 150,000 victims in 201 countries in the month of July. With eight new campaigns launched on a daily basis, it targets computer users with a new variant of the Cerber ransomware.

According to researchers, the average ransom payment is one bitcoin, currently worth around $590, to decrypt files locked by the Cerber ransomware. If the deadline is not met, the ransom is doubled to two bitcoins.

They also found that the malware authors receive 40 percent of the profit while 60 percent is paid out to associates who discover new targets. On a yearly basis, the ransomware author is estimated to take $946,000.
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