This Crowdsourced Ransomware Payment Tracker Shows How Much Cybercriminals Have Heisted

Ransomware attacks are on the rise, but quantifying the scope of the problem can be tricky when only the most high-profile cases make headlines. Enter Ransomwhere,

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Jack Cable, a security architect at the cybersecurity consulting firm Krebs Stamos Group, launched the site on Thursday.

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The way it works is Ransomwhere keeps a running tally of ransoms paid out to cybercriminals in the bitcoin cryptocurrency. This is largely made possible because of the transparent nature of bitcoin: All transactions involving the cryptocurrency are recorded on the blockchain, a decentralized database that acts as a public ledger, thus allowing anyone to track any transactions specifically associated with ransomware groups.

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Since the U.S. dollar value of bitcoin is constantly fluctuating, Ransomwhere calculates each ransom amount based on the bitcoin exchange rate on the day that the transaction was sent.

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So far in 2021, the Russia-linked cybercriminal gang that took credit for the Kaseya and JBS attacks, REvil, is leading the pack by a mile with more than $11 million in ransom payments, according to Ransomwhere. Coming in second with 6.2 million is Netwalker, one of the most popular ransomware-as-a-service offerings on the dark web. Though it should be noted that Netwalker has the dubious honor of racking up the most ransom payments of all time, with roughly $28 million to its name based on the site’s data.

REvil could soon surpass that record if its recent demands for $70 million are met. That’s how much the gang asked for on Sunday to publish a universal decryptor that would unlock all computers affected in the Kaseya hack, a supply chain attack that has crippled more than 1,000 companies worldwide and prompted a federal investigation.

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Source: This Crowdsourced Ransomware Payment Tracker Shows How Much Cybercriminals Have Heisted

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