Researchers paint different portraits of hackers behind Ryuk ransomware
Analysts poring over the Ryuk ransomware are coming to different conclusions about the hackers responsible and the victims they’re targeting, highlighting the subjective side of cyberthreat studies. One thing, however, is clear: the infectious malware pays. Newly published research from McAfee and Coveware finds that the average ransom payment involving Ryuk is more than 10 times that of other types of ransomware. Some victims of Ryuk “either lost their data or took on staggering financial risk to pay the ransom,” the researchers wrote. In some cases, Ryuk’s purveyors took big payouts of over 100 bitcoin (nearly $400,000 at current rates), in others they were satisfied with squeezing smaller sums from the victims, the McAfee-Coveware report said. The research follows a January report from another company, CrowdStrike, saying that hackers had earned $3.7 million from Ryuk since the ransomware emerged in August. Victims have reportedly included a North Carolina water utility and multiple […]
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