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GandCrab Ransomware Crooks Take Agile Development Approach

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Earlier this month, command-and-control servers tied to the fast-growing GandCrab ransomware campaigns were seized by Romanian Police and Europol. But, criminals behind GandCrab don’t appear phased by the setback and have already tweaked the malware to keep ransomware payment coming in.

According to new research by Check Point, the group behind GandCrab has infected over 50,000 victims mostly in the U.S., U.K. and Scandinavia. And in the two months the ransomware crew has been in business, criminals have earned an impressive $600,000.

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“GandCrab is the most prominent ransomware of 2018. By the numbers this ransomware is huge,” said Yaniv Balmas, group manager, security research at Check Point who compares the ransomware to the prolific Cerber malware. He said despite popular opinions that the sands have shifted away from ransomware to cyptojacking, they actually haven’t. “There are...(continued)

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