Ransomware payments reached record $1.1 billion in 2023
February 7, 2024 at 09:37AM In 2023, ransomware payments surpassed $1.1 billion, a record high, contrary to the previous decline in 2022. This increase was attributed to major attacks on institutions and infrastructure. Certain threat groups, like Clop, adopted a “big game hunting” strategy, targeting large organizations for substantial payments. Money laundering was done through … Read more