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How Cerber Ransomware Is Making Money

If you wonder why the malware ‘vendors’ create their nasties, here’s an insight into the Cerber ransomware business model:

As it turns out, the vast majority of victims that are infected with Cerber ransomware never actually pay the ransom, but that doesn’t mean that Cerber isn’t making money—in fact, it’s making a lot of money. A new report published Aug. 18 by security firm Check Point Software Technologies provides insight into how Cerber operates its ransomware-as-a-service model that generated at least $195,000 in profit in July alone.

The Cerber ransomware is operated in a model whereby affiliates sign up to help distribute the malware and then earn a percentage of any payouts. In one Cerber recruiting advertisement reported on by Check Point, Cerber affiliates are promised a payout of 60 percent of the ransom profit, with a 5 percent bonus if the affiliate is able to also recruit new affiliates into the Cerber platform. That leaves 35 to 40 percent of the ransomware profit for Cerber’s developers.


Original article here

Peter Glock
Over 30 years of designing, building and managing telecoms and IT services. Primarily working with large enterprise and professional services businesses in Asia, North America, continental Europe and the UK. Information security professional, secret physics nerd.

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