The ransom payments decreased by more than a third in 2024, when an increasing number of victims rejected negotiating with the infiltrators.
in Wednesday report publishedCrypto Tinensics Chainalysis said that although Ransomware leakage sites published more victims than they were in previous years during 2024, fewer victims surrendered to the demands of the infiltrators. Chainalysis recorded a 35 % decrease in ransom payments, as ransoms received a total of $ 814 million compared to a record amount in 2023 of $ 1.25 billion.
In other evidence that the victims refuse to meet the demands of the attackers, the spasm said that during the second half of 2024, the amounts requested by electronic gangs were 53 % higher than the actual payments – despite the increase in the number of ransom attacks.
Chainalysis says the sudden decrease – the first that was observed since 2022 – was also driven by an increase in law enforcement, including disrupting the abundant lock Ransomwari gang and improving international cooperation.
