Ransomware gangs staged comeback' last year, says crypto research firm
Ransomware gangs made a major comeback in 2023, with victims paying out a record $1.1bn to hackers.
Payments to criminal gangs doubled compared to 2022, with an increase in big game hunting attacks targeting wealthier entities.
The decline in ransomware payments in 2022 was attributed to factors such as the Russia-Ukraine conflict and disruptions caused by law enforcement. [ more ]