Ransomware payments

I have written about ransomware payments dropping – here – but this report from Chainalysis shows that ransomware payments reached a new record in 2023:

Ransomware Hit $1 Billion in 2023 (chainalysis.com)

It looks like victims just saying “no”, the dismantling of various ransomware gangs and their infrastructure, among other steps taken by organisations and international law enforcement, is not enough to stem the growth of ransomware. It just makes too much money for the threat actors for them to stop infecting victims.

Your takeaway

It is time to read my ransomware primer for two reasons.

  • if you have no plan for ransomware – you need one
  • to check your current plan against my advice

Clive Catton MSc (Cyber Security) – by-line and other articles

Further Reading

Victims are just saying “No” | Smart Thinking Solutions