Posted 3/8/2024, 10:00:00 AM
Ransomware Payments and Threats Surge to Record Highs Despite Crackdowns
- Ransomware payments exceeded $1 billion in 2022, an all-time high according to Chainalysis
- Tornado Cash mixing service saw unexpected resurgence despite sanctions
- 583 new ransomware variants created in 2022, signaling escalating cybercrime threat
- US Treasury cracked down on entities linked to Russian ransomware operators
- Ransomware-as-a-Service (RaaS) model driven attack volume increase via affiliate networks
