Despite Catastrophic Hacks, Ransomware Payments Dropped Dramatically Last Year
Ransomware gangs continued to wreak havoc in 2024, but new research shows that the amounts victims paid these cybercriminals fell by hundreds of millions of dollars.
Responding To Ransomware: The Importance Of Not Paying The Ransom
However, relying on ransom payments to regain access to stolen data does not solve the core issue of data theft. Despite growing cybersecurity investments and awareness, recent survey findings indicate that organizations are still paying ransoms at an alarming rate.
Less than half of ransomware incidents end in payment - but you should still be on your guard
Anyone working in security will be all too familiar with the increasing dangers of ransomware and its disastrous consequences, but new research from Chainalysis has claimed 2024 actually saw a 35% decrease year-on-year in the number of firms who paid the ransom.
Ransomware Payments Decreased by 35% in 2024, Research Finds
Ransomware payments dropped 35% in 2024 due to law enforcement crackdowns and stronger cyber defenses, forcing attackers to adapt with new tactics.
A Lot of People Just Refused to Make Ransomware Payments in 2024: Report
The overall number of attacks increased, according to Chainalysis, but several large hacking groups left the scene.
Ransomware payments declined in 2024 despite well-known, massive hacks
Yet beneath those headlines, the numbers tell a surprising story: Ransomware payments actually fell overall in 2024—and in the second half of the year dropped more precipitously than in any six-month period on record.
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
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How the ransomware attack at Change Healthcare went down: A timeline
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Frederick Health still investigating if personal data was compromised in ransomware attack
Frederick Health Hospital CEO Tom Kleinhanzl said Thursday that the hospital is still trying to determine if personal data was compromised in a recent ransomware attack made on the facility last week.
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NCC Group report reveals record-breaking ransomware attacks in 2024
Ransomware attacks reached unprecedented levels in 2024, with significant impacts on various sectors and regions, and ongoing ...
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Ransomware attack on university
# When The Tribune reached out yesterday evening to a UB representative on the issue being resolved, they said the matter was still under investigation and any changes will be communicated later.
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If Ransomware Inc was a company, its 2024 results would be a horror show
Ransomware extortion payments fell in 2024, according to blockchain analyst biz Chainalysis this week.… Like infosec outfit ...