Blog | G5 Cyber Security

Cryptowall Made Off With $18 million in 2014, FBI Reveals

The infamous Cryptowall ransomware has extorted around $18 million from its victims, the FBI reports. Financial losses come from the ransom itself, which can be up to $10,000, as well as costs associated with data breach mitigation, legal fees, purchase of credit monitoring services, etc. Businesses, financial institutions, government agencies, academic institutions and other organizations have been infected with ransomware. Backups should not be stored on a different partition in your PC, but rather on an external hard-drive that is connected to the PC.”]

Source: https://www.bitdefender.com/blog/hotforsecurity/cryptowall-made-off-with-18-million-in-2014-fbi-reveals/

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