We value your privacy

We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies.

Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

URL has been copied successfully!
Still-Lucrative Ransomware’s Profits Plunged 35% Last Year
URL has been copied successfully!

Collecting Cyber-News from over 60 sources

Still-Lucrative Ransomware’s Profits Plunged 35% Last Year

by

Andy Stern
in

Tags: , , , , ,

Collapse of LockBit and BlackCat/ALPHV Tied to Ongoing Decline in Big-Game Hunting. Ransomware may still be raking in massive cryptocurrency profits for practitioners, but 2024 turned out to be less of a banner year than predicted, with blockchain researchers reporting that the sum total of known ransom payments to ransomware groups in 2024 plummeted by 35%.

First seen on govinfosecurity.com

Jump to article: www.govinfosecurity.com/still-lucrative-ransomwares-profits-plunged-35-last-year-a-27458

Loading

Share via Email
Share on Facebook
Tweet on X (Twitter)
Share on Whatsapp
Share on LinkedIn
Share on Xing
Copy link

also interesting:

  1. Elliptic Shows How an AI Model Can Identify Bitcoin Laundering
  2. 7 biggest cybersecurity stories of 2024
  3. Banning Ransom Payments: Calls Grow to ‘Figure Out’ Approach
  4. Report Details Reemergence of Lockbit 3.0 Ransomware Syndicate