Security News > 2021 > May > DarkSide ransomware made $90 million in just nine months
The DarkSide ransomware gang has collected at least $90 million in ransoms paid by its victims over the past nine months to multiple Bitcoin wallets.
Blockchain analysis company Elliptic found and analyzed ransom payments made to DarkSide from 47 distinct Bitcoin wallets.
Assuming these are all the payments that DarkSide received from its victims, the group's average ransom would be $1.9 million, making the threat actor one of the greediest in the ransomware business.
Although DarkSide launched in August 2020, the gang became a prolific actor on the ransomware scene and saw a significant surge in profits lately.
Attacks on Colonial Pipeline and Brenntag chemical distribution company brought the cybercriminals about $10 million, as the former paid nearly $5 million and the latter paid a $4.4 million ransom.
For ransoms smaller than $500,000, the DarkSide developers would take 25%; the share decreased to 10% for larger payments of more than $5 million.