Ransomware Payments Hit Record $1 Billion in 2023: Chainalysis

Criminals made off with a staggering $1 billion in cryptocurrency ransomware payments in 2023, per the latest insights from Chainalysis’ 2024 “Crypto Crime Report.” The report highlights a surge in sophisticated attacks targeting high-profile institutions and critical infrastructure, with significant supply chain breaches occurring through widely-used file transfer software MOVEit. Notable victims included household names like […] The post Ransomware Payments Hit Record $1 Billion in 202...