In addition to the selection criteria, it appears that web traffic data confirms the vast majority of extorted funds are laundered through Russia. Another 13% of funds sent from ransomware addresses to services went to users who were likely in Russia — more than any other region. Such ransomware strains typically infect a user’s computer via a program exploit, or when downloading unknown files, etc. They then encrypt the victim’s files and demand payment through, most often, Bitcoin (BTC) or Monero (XMR) to a wallet address to make the files accessible.
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Source: Cryptocurrency - investing.com
