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Robinhood Ransomware

By:  |  Category: Blog, Security Tuesday, October 20th, 2020  |  No Comments
Robinhood

What do you call modern day hackers who infect big business with ransomware, extort money in return and then turn around and donate money to the poor?

Sounds like a Robinhood ransomware tale! Unfortunately, no matter how this story plays out, stealing from the rich and giving to the poor is still thievery, no matter how romantic.

The ever so benevolent organization behind Darkside ransomware have donated some of the profits they made extorting victims to two charities–Children International and The Water Project.

They suggest the Robin Hood initiative is a move to make the world a better place and intend to make more donations in the future, but anonymously.

Darkside descended upon the ransomware community this last August, taking down corporate networks and demanding between $200,000 and $2 million for the file decryption key.

According to Bleeping Computer, Darkside has been very vocal about their philanthropy. Their donations to the charitable organizations were broadcasted in a “press release” on the gang’s leak site, where they also release data stolen from victims that did not pay the ransom.

“As we said in the first press release – we are targeting only large profitable corporations. We think it’s fair that some of the money they’ve paid will go to charity. No matter how bad you think our work is, we are pleased to know that we helped change someone’s life.” – Darkside ransomware operators

According to records, on October 13, Darkside posted two receipts for .88BTC ($10,000) for donations to the two organizations showing their claim was legitimate.

Darkside donated the money using The Giving Block, an organization that offers nonprofits the possibility to accept cryptocurrency donations. They also used utilized a cryptocurrency mixing service that covers the trail of the original source.

Unfortunately, the donations will probably not be put to use because the money was criminally obtained. Children International told the BBC that they would not keep this money.

The ransomware operators plan to make more donations in the future but these will be anonymous.

If you need a cyber defense plan for your business contact EnhancedTECH at 714-970-9330 or email us at [email protected] Schedule a meeting today!

Source: BBC, Bleeping Computer

Image source: Pexels

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