REvil ransomware deposits $1 million in hacker recruitment drive

The REvil Ransomware (Sodinokibi) operation has deposited $1 million in bitcoins on a Russian-speaking hacker forum to prove to potential affiliates that they mean business.

Many ransomware operations are conducted as a Ransomware-as-a-Service (RaaS), where developers are in charge of developing the ransomware and payment site, and affiliates are recruited to hack businesses and encrypt their devices.

As part of this arrangement, the ransomware developers receive a 20-30% cut, and an affiliate gets 70-80% of the ransom payments they generate.

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Source: Bleeping Computer