ransomware as a service

GandCrab ransomware is ending after stealing millions

They say crime doesn’t pay, but clearly the architects behind GandCrab ransomware didn’t get that memo. They recently announced they were retiring thanks to the money they’ve made encrypting victims’ computers.

At the beginning of June, operators of the notorious GandCrab strain of ransomware announced that “all good things come to an end” and they are ceasing their operations.

Unfortunately the success they reported will likely provide a roadmap for other cybercriminals that will continue for a long time.

Weekly Tech Roundup — June 12

Technology News

Ransomware that can infect Mac computers, PowerPoint malware without macro scripts, and hackers that are hiding espionage malware in famous social media accounts — these are some of the new threats facing your data this week. What else is on the technological horizon?