At $175, this ransomware service is a boon to cybercriminals

Cybercriminals have another easy-to-use ransomware kit to add to their arsenals, thanks to a new variant called Karmen that hackers can buy on the black market for $175.

A Russian-speaking user called DevBitox has been advertising the ransomware in underground forums, security firm Recorded Future said in a blog post on Tuesday.  

Karmen is what experts call ransomware-as-a-service — a particularly worrisome trend. Amateur hackers with little technical know-how can buy access to them, and in return, they’ll receive a whole suite of web-based tools to develop their own ransomware attacks.

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