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June 27, 2016 08:00 pm

New and Improved CryptXXX Ransomware Rakes In $45,000 In 3 Weeks

An anonymous reader writes:Whoever said crime doesn't pay didn't know about the booming ransomware market. A case in point, the latest version of the scourge known as CryptXXX, which raked in more than $45,000 in less than three weeks. Over the past few months, CryptXXX developers have gone back and forth with security researchers. The whitehats from Kaspersky Lab provided a free tool that allowed victims to decrypt their precious data without paying the ransom, which typically reaches $500 or more. Then, CryptXXX developers would tweak their code to defeat the get-out-of-jail decryptor. The researchers would regain the upper hand by exploiting another weakness and so on. Earlier this month, the developers released a new CryptXXX variant that to date still has no decryptor available. Between June 4 and June 21, according to a blog post published Monday by security firm SentinelOne, the Bitcoin address associated with the new version had received 70 bitcoins, which at current prices is valued at around $45,228. The figure doesn't include revenue generated from previous campaigns.

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Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/kkbbUN3oJrg/new-and-improved-cryptxxx-ransomware-rakes-in-45000-in-3-weeks

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