Tuesday 16 August 2016

Cerber ransomware rakes in cash by recruiting unskilled hackers

A ransomware strain has been making a pretty penny by opening its doors to unskilled hackers.

Security firm Check Point gained a rare look at the inner workings of the Cerber ransomware and found that its developers are building a network of partners to attack more targets — and rake in more cash.

Check Point also warned that because of Cerber, more unskilled cybercriminals might choose to participate in ransomware schemes.

“Even the most novice hacker can easily reach out in closed forums to obtain an undetected ransomware variant,” it said in a new report.

As a result, the Cerber strain could generate close to US$1 million a year for its creators, Check Point said in its report released Tuesday. For the full article click here



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