The Death of Ransomware?

May 18, 2017 / in Blog, Encryption/Security / by Zafar Khan, RPost CEO

(WCry) was successful in infecting over 300,000 computers in 150 countries. It is likely the worst ransomware attack to date. WCry works by locking the files with encryption on each device. Victims are promised a decryption key to unlock their files once they pay a ransom of $300 in Bitcoin. But incredibly, as pervasive as the WannaCry attack has been, it’s creators have only collected about $80,000 in Bitcoin ransom. Less than 0.1% of the victims have paid their $300 ransom [...]