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Ransomware gangs continued to wreak havoc in 2024, but new research shows that the amounts victims paid these cybercriminals ...

Payments extorted through ransomware attacks decreased some 35% in 2024 compared to the year prior, according to a Feb. 5 report by Chainalysis, a blockchain analytics provider. In 2024 ...

In 2024, it was found that a Fortune 50 company paid $75 million to Dark Angels ransomware group and NCC group saw the most ransomware breaches with 5263 attacks in 2024. Chinalysis also found that ...

Financial software maker Branch Manager Inc. evaded claims in a sweeping consolidated class action accusing Evolve Bank & ...

Ransomware attacks netted cybercrime groups a total of $813.5 million in 2024, a decline from $1.25 billion in 2023. The total amount extorted during the first half of 2024 stood at $459.8 million, ...

There are many motivations behind ransomware attacks - the most prominent reason being money. Threat actors will also perform ransomware attacks to steal secrets, disrupt businesses, or just ...

Report says final estimate for 2024 illicit volume will most likely be well above its estimated US$45b. Read more at ...

Many victims hand over the money, only to receive nothing in return, or worse, get hit again. This isn't a rare case. Ransomware attacks are crippling businesses worldwide, from hospitals and banks to ...

A ransomware attack often begins with a note flashing up on screens — but this one comes with a twist alongside a ransom demand: “If you help us find this company’s dirty laundry you will be rewarded.