WannaCry Ransomware Bitcoins Move From Online Wallets

By   ISBuzz Team
Writer , Information Security Buzz | Aug 04, 2017 07:45 am PST

Reports are coming in that “more than $140,000 (£105,000) worth of bitcoins paid by victims of the WannaCry ransomware outbreak have been removed from their online wallets.

It has been nearly three months since infections struck organisations worldwide, including the NHS, which faced days of disruption as a result.

The bitcoin activity was noticed by a Twitter bot set up by Quartz journalist Keith Collins.”

Ilia Kolochenko, CEO of web security company, High-Tech Bridge, comments around bitcoin laundering.

Ilia Kolochenko, CEO at High-Tech Bridge:

“Professional cybercriminals have well-established contacts with organized crime, financial institutions and even law enforcement agencies. It’s a not a big problem to find a virtually untraceable way for bitcoin laundering. A lot of amateur cyber criminals were traced by various mistakes when they were trying to “cash out”, but professionals have different ways to stay in the shadows.”

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