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Report: the operators of Ryuk ransomware earned an estimated $150M+ worth of Bitcoin from ransom payments, which are being cashed out through Binance and Huobi

Catalin Cimpanu / ZDNet :

ZDNet Catalin Cimpanu

Discussion

  • @gossithedog Kevin Beaumont on x
    “A big chunk of the funds have also been re-invested back into the cybercrime market” <- this is why we need to do something about human operated ransomware. Break the cycle. Most orgs cannot compete with this level of investment. https://twitter.com/...