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by raffomania 3325 days ago
according to the article, the balances of the bitcoin addresses collecting the ransoms are

15.13562354 BTC = $26410 13.78022431 BTC = $24045 5.98851225 BTC = $17361

Assuming $300 per ransom, this works out to a total of 226 victims who paid. this seems a little low compared to the huge amount of infected devices.

5 comments

I think this venn diagram explain part of the problem:

https://www.trustar.co/wp-content/uploads/2017/05/WannaCryVe...

How did the 300M USD CryptoWall cashed that much?
That's a good question. Here is a link to the numbers:

http://thehackernews.com/2015/10/cryptowall-ransomware.html

That averages out at $800 per infection compared to about $0.30 per infection from WannaCry. I suspect there are other factors at play here (was all the revenue from ransoms? were that target systems different? are people hardening in their resolve not to pay these ransoms?).

It's easy to find out the total. There's even a twitter bot[1] reporting it. At the moment the total is 44.98BTC = $80,925. I'd argue ofc it's more because there are some variations of the worm that's not being accounted by many yet.

[1]: https://twitter.com/ransomtracker

Earlier reports I'd heard said that this group was unprepared or poorly prepared to handle the incoming ransom. Many of these ransomware campaigns use a fully automated mechanism to deliver keys upon payment, this group did not.
One of the main pain points was using the same Bitcoin address as a destination rather than unique-per-victim... it gets confusing to prove who paid.
How does that work in practice? Do the decryption keys get stored in the block chain as well or out of band?
out-of-band, probably sent via email or managed through the "malware app" itself.
I was listening to an NPR report on this and their explanation for the low amount was that the group wasn't handing over the keys after payment. Which I guess implies people who get infected are first researching what to do before paying.
Did you check the transactions?

They could have already moved a part of the coins to an exchange.

According to blockchain.info, no coins have been moved from the addresses in the article.
Last time I checked none of the coins were ever moved and in general ransomware earnings are not moved. They're just waiting for fungibility on Bitcoin.