Law enforcement actions, better defenses, and a refusal by victims to pay helped to reduce the amount of ransoms paid in 2024 by $35%, a sharp decline from the record $1.25 billion shelled out in 2023 ...
From Isolated Attacks to a Billion-Dollar Enterprise In the past, ransomware attacks were opportunistic and relatively unsophisticated. A lone hacker would develop a malicious program, spread it via ...
Several factors, including the impact of law enforcement operations disrupting cyber criminal gangs and better preparedness ...
Ransomware payments dropped 35% in 2024 due to law enforcement crackdowns and stronger cyber defenses, forcing attackers to adapt with new tactics.
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