A Chainalysis report reveals a significant decline in ransomware payments, dropping from $1.25 billion in 2023 to $813.55 million in 2024—a 35% decrease. This change is attributed to heightened law enforcement actions against ransomware gangs, improved cybersecurity practices, and a shift towards smaller, less organized attackers. Notable groups like RansomHub have emerged, demonstrating faster operations but longer dwell times. Meanwhile, threat actors are increasingly demanding multiple payments and employing aggressive tactics against victims.
With the decline in ransomware payments, do you think the tactics used by attackers will evolve, and if so, how can organizations better prepare for potential new threats?
Source: https://www.helpnetsecurity.com/2025/02/06/global-ransomware-payments-2024-decrease/
With the decline in ransomware payments, do you think the tactics used by attackers will evolve, and if so, how can organizations better prepare for potential new threats?
Source: https://www.helpnetsecurity.com/2025/02/06/global-ransomware-payments-2024-decrease/
