GandCrab Ransomware

Ransomware is a type of computer virus was made infamous by WannaCry in 2017. Two years ago millions of victims paid ransom money to its creators just to desperately restore their encrypted files. The “business model” was very successful, WannaCry developers had estimated total revenue of $4 billion that year. Today in 2019, we saw

GandCrab “Ransomware-as-a-Service” shutting down after a year of operation. This black market service was able to produce $2 billion worth of ransom payments for their customers who purchased the service, infecting the target victims with a customer-customized GandCrab. The Ransomware-as-a-Service is a new profit-model, where the original ransomware author does not infect victims directly but