Security researchers have discovered cybersecurity scammers in Russia are generating hundreds of thousands of dollars in profits by falsely claiming to be able to unlock encrypted files.
Check Point explained that one ‘IT consultancy’ named Dr Shifro is promising customers it can help them recover from ransomware like Dharma/Crisis, for which there is no known decryption key.
In reality, the firm pays the ransomware author a fee and then passes the cost on to the customer at a 75%+ margin, acting more as a broker than an IT consultancy.
By Phil Muncaster
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