Ransom Payment
Ransomware payments fell by 35% in 2024, totalling $813,550,000
Payments to ransomware actors decreased 35% year-over-year in 2024, totaling $813.55 million, down from $1.25 billion recorded in 2023. Additionally, only about 30% of victims engaged in negotiations with ransomware actors ended up paying any ransom to them. These figures are reported by blockchain intelligence firm Chainalysis, underlining a significant decline in an otherwise record-breaking year for […]
American Radio Relay League confirms $1 million ransom payment
An amateur radio nonprofit based in Newington said it has paid $1 million to decrypt its computer servers after a ransomware attack that started in May. ARRL, The National Association for Amateur Radio, said its network was compromised by hackers who used information purchased on the dark web. The hack affected everything from desktop and laptop […]