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US Treasury Tracks $4.5B in Ransom Payments since 2013

ID: 00a9a49e-9099-5912-a2b9-9765d2d464a5

STIX ID: report--00a9a49e-9099-5912-a2b9-9765d2d464a5

Feed Name: Dark Reading

Threat Score
75/100

Date Published: 2025-12-08

Date Updated: 2026-04-21

Author: Alexander Culafi

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FinCEN’s report covering 2022–2024 shows ransomware activity surged recently, with 4,194 BSA-reported incidents and over $2.1 billion in payments (2023 alone hit $1.1B). The write-up highlights RaaS proliferation, double‑extortion tactics, dominant gangs (Alphv/BlackCat; LockBit activity and later disruption), industries most impacted (financial services, manufacturing, healthcare), Bitcoin as the primary payout method, and industry signals of declining ransom success and lower payment rates in 2024–2025.

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