UTC-05:00,Thursday , May 28th 2020

Study Finds Most Ransomware Solutions Just Pay Out Crypto

15:30 Wednesday , May 15th 2019
A study by ProPublica found that most ransomware solutions providers have one weird trick for getting rid of hackers - paying them off in crypto. Once hackers encrypt an infected computer, however, the real question is how to unlock your data. ProPublica found that many data recovery firms simply pay the ransom and then charge a premium for their trouble. Another U.S. company, Florida-based MonsterCloud, also professes to use its own data recovery methods but instead pays ransoms, sometimes without informing victims such as local law enforcement agencies, ProPublica has found.
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