Ransomware Profits Declined by 40% in 2022

A total of $456.8 million was extorted by ransomware groups from their victims in 2022, down by almost 40% from the previous two years’ record-breaking total of $765 million. Chainalysis, a company that analyzes blockchain data, has found that the drastic drop in ransomware earnings is not due to fewer attacks, but rather to the […]

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