A single ransomware author and distributor was able to collect $121 million in ransomware payments during the first half of this year, netting $94 million after expenses, according to a report released today.

“Ransomware has grown over the years, and in 2015 and 2016 we really saw a serious spike,” said Vincent Weafer, vice president of Intel Security’s McAfee Labs.

Weafer estimated that total ransomware revenues could be in the hundreds of millions.

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Source: Security