This week saw the unveiling of Ransomwhere, a new collaborative data platform that was born with the intention of being able to track ransomware ransom payments to cybercriminal wallets.

Authorities and researchers already aware of it

The platform, launched by cybersecurity researcher Jack Cable, allows data to be entered into the Ransomwhere website in an open and transparent format, so that users can easily report the cryptocurrency wallets used in their ransomware attack payments, often included in the ransom notes of the attacks, and through this data the figure obtained in extortion payments to cybercriminals is obtained. As these payments are made with cryptocurrencies, the transactions can be traced when opened using the Blockchain.

Solution in numbers

According to early data obtained in these first weeks of operation, Ransomwhere has reported that it has already recorded more than $33 million paid out this past year in ransomware and has accumulated data of some $28 million more previously satisfied. This information also shows that the ransomware with the highest revenue so far is Netwalker, with more than $27 million, followed by REvil/Sodinokibi, with more than $11 million.