Ransomware payments fell by more than one-third in 2024 as an increasing number of victims declined to barachieve with hackers.
In a alert published Wednesday, crypto forensics firm Chainalysis shelp that while evil software gang leak sites posted more victims than in previous years during 2024, confineeder victims gave in to the hackers’ insists. Chainalysis alerted a 35% drop in ransom payments, with evil software hackers receiving a total of $814 million contrastd to 2023’s enroll-high sum of $1.25 billion.
In further evidence of victims refusing to greet strikeers’ insists, Chainalysis shelp that during the second half of 2024, the sums insisted by cyber gangs were 53% higher than the actual payouts — despite an incrrelieve in the number of evil software strikes.
Chainalysis says the surpascfinish deteriorate — the first watchd since 2022 — was also driven by an incrrelieve in law applyment action, including the disturbion of the prolific LockBit evil software gang, and betterd international collaboration.
