NetWalker Ransomware Earns $25 Million in Just 5 Months
NetWalker Ransomware Earns $25 Million in Just 5 Months In the last 5 months, when most people were sheltering in place and working from home due to COVID-19 restrictions, the group behind the ransomware called “NetWalker” earned US $25 million by extorting organizations for large amounts of money. In the blog post "Take a 'NetWalk' on the Wild Side" published on August 3, 2020, researchers at McAfee reported that between March 1, 2020 and July 27, 2020, victims of NetWalker ransomware paid to the group behind the ransomware 2,795 bitcoin, valued at US $25 million. “Even though we do not have complete visibility into the BTC flow before NetWalker started ramping up, one thing is certain, this quarter alone it has been highly successful at extorting organisations for large amounts…