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Ransom Payments Fell 35% in 2024 After LockBit, BlackCat Takedowns
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Collecting Cyber-News from over 60 sources

Ransom Payments Fell 35% in 2024 After LockBit, BlackCat Takedowns

Law enforcement actions, better defenses, and a refusal by victims to pay helped to reduce the amount of ransoms paid in 2024 by $35%, a sharp decline from the record $1.25 billion shelled out in 2023, according to researchers with Chainalysis.

First seen on securityboulevard.com

Jump to article: securityboulevard.com/2025/02/ransom-payments-fell-35-in-2024-after-lockbit-blackcat-takedowns/

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