A new report from the United States’s Financial Crimes Enforcement Network (FinCEN) has shone a revealing light on the state of the criminal industry of ransomware. The report, which examines ransomware incidents from 2022 to 2024, reveals that attackers extorted more than $2.1 billion over the three-year period. Yes, that number is enormous – but it hides a more interesting story beneath it: that after peaking in 2023, ransomware payments actually started to decline. Read more in my article on the Fortra blog.
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