Annual Ransomware Payments Surpass $1 Billion
For the first time, analysis of ransomware payments made in a single year tops $1,000,000,000. This signals a massive return to more frequent, sophisticated, and successful attacks. Each year, blockchain analysis company, Chainalysis, reports on ransomware payments based on the payments made to digital wallets known to belong to cybercriminals and cybercriminal gangs.