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Cyber Security

Qlocker ransomware shuts down after extorting hundreds of QNAP users

The Qlocker ransomware gang has shut down their operation after earning $350,000 in a month by exploiting vulnerabilities in QNAP NAS devices. The gang used a simple approach to encrypt over a thousand, if not thousands, of devices in just a month. Victims paid a total of 8.93258497 bitcoins in ransomware today that is worth $353,708, but before this week’s Bitcoin crash, those same bitcoins would be worth almost $450,000. It is not clear if the shutdown of the QLocker sites is related to fear of increased law enforcement activity.

Source: https://www.bleepingcomputer.com/news/security/qlocker-ransomware-shuts-down-after-extorting-hundreds-of-qnap-users/

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