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Beware Ransomware Doctors Peddling Fake Cures, Warns Check Point

Russian IT consultancy Dr. Shifro claims to unlock and recover consumers and businesses encrypted files. But in fact, the company simply pays the ransomwares creator themselves and passes the cost onto the victim at a 75%-plus profit margin. Dr Shfro is estimated to have done over 300 ransomware decryptions for customers. The average ransom demand to businesses is around $10,000. The ransomware industry is now worth an estimated $5 billion annually, according to Europol.”]

Source: https://informationsecuritybuzz.com/news/beware-ransomware-doctors/

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