Ransomware Payments in 2023 Hit $1 Billion: Chainalysis

Ransomware gangs raked in more than $1 billion in ransom payments last year as they exploited security flaws – particularly the vulnerability in the MOVEit file transfer software – and grew their focus on hospitals, schools, and other critical infrastructure. “2023 marks a major comeback for ransomware, with record-breaking payments and a substantial increase in..

The post Ransomware Payments in 2023 Hit $1 Billion: Chainalysis appeared first on Security Boulevard.

Article Link: Ransomware Payments in 2023 Hit $1 Billion: …

breaking chainalysis critical critical infrastructure exploited file file transfer flaws focus gangs hospitals infrastructure major moveit payments ransom ransomware ransomware gangs ransomware payments record schools security security flaws software transfer vulnerability