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Botnet Operators Ditch Banking Trojans for Ransomware

Botnet operators have dropped banking Trojans in favor of supporting and running crypto-locking malware attacks. Ransomware gangs have been increasingly adopting affiliate programs, experts say. The four largest banking botnets run by Russian speakers have shifted from banking malware to crypto-lock malware, Group-IB says. 14 of the biggest ransomware gangs collectively shook down victims for at least $1 billion in ransom payments from the second half of 2019 through the first half of 2020. The volume of ransomware attacks continues to rise, but a fraction of the actual profits generated by the attacks could be significantly higher.”]

Source: https://www.databreachtoday.com/botnet-operators-drop-banking-trojans-for-ransomware-a-15455

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