GrandCrab Grabs More Than $600,000 In Ransom Payments
While ransomware attacks have seen a slight decline since 2017, they have become far more sophisticated. One of the more prolific is GandCrab. It surfaced in January of this year. Not only is it prolific, it is also noted for how its “authors have managed to keep one step ahead of defenders.” In the span of three months, according to darkreading.com, “the malware had infected over 50,000 systems and netted its operators over $600,000 in ransom payments.” As darkreading.com points out, “One of the other unusual aspects of GandCrab is the way it’s delivered or, in this case, the ways in which it’s delivered.” https://www.darkreading.com/attacks-breaches/gandcrab-ransomware-goes-agile/d/d-id/1331336?ngAction=register&ngAsset=389473
In addition, the Scarab ransomware that surfaced in 2017 is still creating havoc in the business world. It is changing tactics which include, according to securityweek.com, “seeking to frighten victims into rapid payment by threatening to permanently delete files every day that the ransom remains unpaid. “ https://www.securityweek.com/malware-activity-slows-attacks-more-sophisticated-report
As ransomware attacks are experiencing a minor decline, crypto-mining is on the rise. And there’s a shift that is taking place from the personal to the business sector.
While bitcoin remains the most frequently demanded payment mechanism for ransomware, there has been some recent diversification into other cryptocurrencies. GandCrab, for example, demands payment in Dash which requires lower transaction fees and provides a little more anonymity.
The need for cybersecurity has never been greater and will only increase as the criminal attackers get more and more sophisticated. Call our offices to set up a consultation. We now offer the most advanced level of cyber security, the new EUgrc Compliance Suite(https://www.eugrc.com/)