What Industry Is Experiencing 2,500% Growth? Ransomware

WannaCry, Locky, GoldenEye and Cryptolocker are just a few of the ransomware titles that emerged in 2017 and with them, an estimated cost of 1 Billion dollars (go ahead, do the Dr. Evil pinky thing) to businesses worldwide.

According to research by Carbon Black, from 2016 to 2017 there’s a $2,502% increase in the sales of ransomeware within the dark web. Cybercriminals are happily buying code that is producing fast profits for their fledgling organizations

The report has uncovered a rapidly growing industry with some surprising findings.

A marketplace with 45,000 product offerings, including “DIY Kits” for ransomware code
This dark marketplace has gone from $249,287.05 in sales for 2016 to $6,237,248.90 in sales.
Some sellers are making over $100K annually

For more interesting findings please see the original article by Carbon Black.