FinCEN

A new report by the Financial Crimes Enforcement Network (FinCEN) shows that ransomware activity peaked in 2023 before falling in 2024, following a series of law enforcement actions targeting the ALPHV/BlackCat and LockBit ransomware gangs. From thousands of Bank Secrecy Act filings, the report documents 4,194 ransomware incidents between January 2022 and December 2024. These reports […]