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Ransomware payments hit an unfortunate milestone in 2023 — over $1.1billion paid out as hackers rake in rewards | #ransomware | #cybercrime


It seems that 2023 provided a renaissance of sorts for ransomware, as a new report claims diverse strategies among threat actors, and a shift in the threat landscape, resulted in record-breaking extortion sums.

New findings from Chainalysis claim that after a dip in 2022, ransomware gangs surpassed a historic milestone last year by extorting over $1 billion in cryptocurrency payments from victims.



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