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Ransomware payments dropped in 2024 as victims refused to pay hackers
Ransomware payments fell by more than one-third in 2024 as an increasing number of victims refused to negotiate with hackers. In a report published
Ransomware payments fell by more than one-third in 2024 as an increasing number of victims refused to negotiate with hackers. In a report published Wednesday, crypto forensics firm Chainalysis said that while ransomware gang leak sites posted more victims than in previous years during 2024, fewer victims gave in to the hackers’ demands. Chainalysis reported a 35% drop in ransom payments, with ransomware hackers receiving a total of $814 million compared to 2023’s record-high sum of $1.25 billion.
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