Money stolen falls from record $1.25bn to $813m as more victims refuse to pay off criminal gangs
Ransomware payments fell by more than a third last year to $813m (£650m) as victims refused to pay cybercriminals and law enforcement cracked down on gangs, figures reveal.
The decline in such cyber-attacks – where access to a computer or its data is blocked and money is then demanded to release it – came despite a number of high-profile cases in 2024, with victims including NHS trusts in the UK and the US doughnut firm Krispy Kreme.
Continue reading...https://www.theguardian.com/technology/2025/feb/05/global-ransomware-payments-plunge-by-a-third-amid-crackdown
Money stolen falls from record $1.25bn to $813m as more victims refuse to pay off criminal gangs
Ransomware payments fell by more than a third last year to $813m (£650m) as victims refused to pay cybercriminals and law enforcement cracked down on gangs, figures reveal.
The decline in such cyber-attacks – where access to a computer or its data is blocked and money is then demanded to release it – came despite a number of high-profile cases in 2024, with victims including NHS trusts in the UK and the US doughnut firm Krispy Kreme.
Continue reading...Source: Guardian
Source Link: https://www.theguardian.com/technology/2025/feb/05/global-ransomware-payments-plunge-by-a-third-amid-crackdown