Ransomware operations are becoming less profitable

As the number of real (and fake) victims of ransomware gangs continues to rise, the number of ransomware payments is falling, along with the average ransom payment. The reasons behind this decrease are many: increased cyber resilience of organizations (which includes having recoverable backups), the availability of decryptors created by law enforcement and cybersecurity companies, more frequent law enforcement actions, and so on. “Despite the surge in attacks in 2023, ransomware attacks involving payments decreased … More →

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