Ransomware Payments Fell 35% in 2024 as More Victims Refuse to Pay: Chainalysis

CoinDesk (nprofile…nhef)
✍️ Ransomware payments fell 35% in 2024, despite an increase in attacks, due to law enforcement actions, sanctions, and victims refusing to pay.
👉 Ransomware payments fell 35% in 2024
👉 Law enforcement actions and sanctions contributed to the decline
👉 Victims are refusing to pay, with less than half of all recorded attacks resulting in payment
👉 Ransomware gangs are struggling to cash out their ill-gotten gains
👉 Victims are finding alternative ways to recover from attacks, such as restoring from recent backups

#JacquelineBurnsKoven #LizzieCookson #technology

quoting nevent1q…rujw

CoinDesk (nprofile…nhef)

According to the blockchain analytics firm, less than half of recorded ransomware attacks resulted in victim payments.
https://www.coindesk.com/policy/2025/02/04/ransomware-payments-fell-35-in-2024-as-more-victims-refuse-to-pay-chainalysis