• Home
  • Cyber Crime
  • Cyber warfare
  • APT
  • Data Breach
  • Deep Web
  • Digital ID
  • Hacking
  • Hacktivism
  • Intelligence
  • Internet of Things
  • Laws and regulations
  • Malware
  • Mobile
  • Reports
  • Security
  • Social Networks
  • Terrorism
  • ICS-SCADA
  • POLICIES
  • Contact me
MUST READ

A flaw in Catwatchful spyware exposed logins of +62,000 users

 | 

China-linked group Houken hit French organizations using zero-days

 | 

Cybercriminals Target Brazil: 248,725 Exposed in CIEE One Data Breach

 | 

Europol shuts down Archetyp Market, longest-running dark web drug marketplace

 | 

Kelly Benefits data breach has impacted 550,000 people, and the situation continues to worsen as the investigation progresses

 | 

Cisco removed the backdoor account from its Unified Communications Manager

 | 

U.S. Sanctions Russia's Aeza Group for aiding crooks with bulletproof hosting

 | 

Qantas confirms customer data breach amid Scattered Spider attacks

 | 

CVE-2025-6554 is the fourth Chrome zero-day patched by Google in 2025

 | 

U.S. CISA adds TeleMessage TM SGNL flaws to its Known Exploited Vulnerabilities catalog

 | 

A sophisticated cyberattack hit the International Criminal Court

 | 

Esse Health data breach impacted 263,000 individuals

 | 

Europol dismantles €460M crypto scam targeting 5,000 victims worldwide

 | 

CISA and U.S. Agencies warn of ongoing Iranian cyber threats to critical infrastructure

 | 

U.S. CISA adds Citrix NetScaler flaw to its Known Exploited Vulnerabilities catalog

 | 

Canada bans Hikvision over national security concerns

 | 

Denmark moves to protect personal identity from deepfakes with new copyright law

 | 

Ahold Delhaize data breach affected over 2.2 Million individuals

 | 

Facebook wants access to your camera roll for AI photo edits

 | 

SECURITY AFFAIRS MALWARE NEWSLETTER ROUND 51

 | 
  • Home
  • Cyber Crime
  • Cyber warfare
  • APT
  • Data Breach
  • Deep Web
  • Digital ID
  • Hacking
  • Hacktivism
  • Intelligence
  • Internet of Things
  • Laws and regulations
  • Malware
  • Mobile
  • Reports
  • Security
  • Social Networks
  • Terrorism
  • ICS-SCADA
  • POLICIES
  • Contact me
  • Home
  • Breaking News
  • Cyber Crime
  • Malware
  • GandCrab operators are shutting down their operations

GandCrab operators are shutting down their operations

Pierluigi Paganini June 01, 2019

GandCrab first appeared in the threat landscape in early 2018 and continuously evolved over time. Now operators are shutting down their operations.

Early 2018, experts at cyber security firm LMNTRIX have discovered a new ransomware-as-a-service dubbed GandCrab. advertised in Russian hacking community on the dark web. The GandCrab was advertised in Russian hacking community, researchers noticed that authors leverage the RIG and GrandSoft exploit kits to distribute the malware.

In more than one year its operators released several versions with numerous enhancements, but now they are shutting down their operation and affiliates are being told to stop distributing the ransomware.

In October 2018, experts at the Cybaze Z-Lab have analyzed one of the latest iterations of the infamous GandCrab ransomware, the version 5.0.

Security researchers Damian and David Montenegro, who follow the evolution of the GandCrab since its appearance, the GandCrab operators announced their decision of shutting down their operation in a post in popular hacking forums:

https://twitter.com/CryptoInsane/status/1134727041826377729

The operators revealed they have generated more than $2 billion in ransom payments, earning on average of $2.5 million dollars per week. The operators revealed to have earned a net of $150 million that now have invested in legal activities.

GandCrab shutdown

Anyway, experts believe that the claims of $2 billion are not real, below an excerpt from a post published by Bleeping Computer:

“While the operators behind GandCrab most likely made many millions of dollars, the claims of $2 billion in ransom payments are very likely to be untrue.”

Operators will no more promote the GandCrab ransomware and asked the affiliates to stop distributing it within 20 days.

They are also warning victims that time is running out and they have to pay the ransom as soon as possible to avoid to lose their file forever.

It is not clear if the operators will release the keys after they will go out of the business.

Stay tuned …

If you appreciate my effort in spreading cybersecurity awareness, please vote for Security Affairs in the section “Your Vote for the Best EU Security Tweeter”

Thank you

[adrotate banner=”9″] [adrotate banner=”12″]

Pierluigi Paganini

(SecurityAffairs – GandCrab ransomware, malware)

[adrotate banner=”5″]

[adrotate banner=”13″]



facebook linkedin twitter

Cybercrime GandGrab information security news malware Pierluigi Paganini Security Affairs Security News

you might also like

Pierluigi Paganini July 04, 2025
A flaw in Catwatchful spyware exposed logins of +62,000 users
Read more
Pierluigi Paganini July 03, 2025
China-linked group Houken hit French organizations using zero-days
Read more

leave a comment

newsletter

Subscribe to my email list and stay
up-to-date!

    recent articles

    A flaw in Catwatchful spyware exposed logins of +62,000 users

    Malware / July 04, 2025

    China-linked group Houken hit French organizations using zero-days

    APT / July 03, 2025

    Cybercriminals Target Brazil: 248,725 Exposed in CIEE One Data Breach

    Data Breach / July 03, 2025

    Europol shuts down Archetyp Market, longest-running dark web drug marketplace

    Cyber Crime / July 03, 2025

    Kelly Benefits data breach has impacted 550,000 people, and the situation continues to worsen as the investigation progresses

    Uncategorized / July 03, 2025

    To contact me write an email to:

    Pierluigi Paganini :
    pierluigi.paganini@securityaffairs.co

    LEARN MORE

    QUICK LINKS

    • Home
    • Cyber Crime
    • Cyber warfare
    • APT
    • Data Breach
    • Deep Web
    • Digital ID
    • Hacking
    • Hacktivism
    • Intelligence
    • Internet of Things
    • Laws and regulations
    • Malware
    • Mobile
    • Reports
    • Security
    • Social Networks
    • Terrorism
    • ICS-SCADA
    • POLICIES
    • Contact me

    Copyright@securityaffairs 2024

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
    Cookie SettingsAccept All
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities...
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
    Non-necessary
    Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
    SAVE & ACCEPT