This article has been indexed from (ISC)² Blog
Ransomware is big business, and it’s getting even bigger. Some successful ransomware groups now operate as efficient organizations, reinvesting the proceeds from ransom payments to grow the business and refine attack methods. Instead of relaunching the same tried-and-true attacks that have generated their handsome profits, ransomware groups are using the money to invest in R&D, an approach resembling series A financing rounds. As reported by SC Magazine, larger ransomware groups are becoming more professionalized, even holding conferences, hiring web design teams and placing want ads to build their businesses. “Ransomware, like any business, is a complex economy,” SC Magazine reported….
Read the original article: Ransomware Groups Reinvest Capital to Improve Attack Methods