Google Warns Ransomware Groups Shift to Data Theft as Profits Decline

Google is warning that ransomware gangs are reinventing their business model as traditional encryption‑for‑ransom attacks become less profitable and data‑theft extortion surges.​ Better cybersecurity controls, improved backup strategies, and stronger recovery capabilities mean more victims can restore their systems without paying, directly eroding criminal revenue. Public reporting also shows that both ransom payment rates and average demand […]

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