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..

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