Posts Tagged ‘1.425%’

Ransomware crims earning $1m a year – report

cybercrime

Monthly campaign would generate $90,000 in revenue and cost only $5,900, Trustwave estimates

Cybercriminals can expect to bank $84,100 (£54,400) in profit from a typical monthly ransomware campaign, according to Trustwave, equivalent to an annual pay packet of just over $1m.

In its latest annual threat report, the security vendor estimated that a large-scale, 30-day ransomware campaign would generate proceeds of $90,000, with an investment of only $5,900 required.

With an estimated return on investment of 1,425 per cent, the spoils of an opportunistic attack can be greater than those from the targeted attacks that have dominated headlines in recent years, Trustwave said.

Read More Doug Woodburn

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