Items tagged with gandcrab

Security researchers at Bitdefender have updated a decryption tool to deal with the latest version of GandCrab, a popular form of ransomware that its authors sold to clients on the dark web for a supposedly enormous profit. The decryption tool is free, and could potentially save a GandCrab victim from a major headache Bitdefender estimates that GandCrab has claimed more than 1.5 million victims around the globe in more than a year of operation. That includes both home users and corporations. In a recent farewell post, the ransomware's authors said GandCrab netted its nefarious clients around $2 billion, earning the hacking group "more than $150 million per year." "We have proven that be doing... Read more...
It is said that no good deed goes unpunished, but on the flips side, there are bad deeds that get rewarded. So it goes for the hackers responsible for GandCrab, a popular form of ransomware that was sold to clients on the dark web, who are now retiring and going legitimate with their earnings. The hackers claim that GandCrab netted its clients around $2 billion, all extracted from victims who opted to pay for a decryption key after falling prey to the ransomware. Whether that figure is accurate or not is up for debate. However, the hacking group also claims it "earned more than $150 million per year" from GandCrab and is now "leaving for a well-deserved retirement." "We have proven that be doing... Read more...