FinCEN Report: Reported Ransomware Incidents and Payments Reached All-Time High in 2023

FinCEN’s Financial Trend Analysis reports that between January 2022 and December 2024 BSA filings documented 4,194 ransomware incidents with over $2.1 billion in reported payments, peaking in 2023; the analysis highlights manufacturing, financial services, and healthcare as most affected, identifies TOR as the most common communication method, and names ALPHV/BlackCat, LockBit, and others as prevalent variants while offering guidance and resources for financial institutions.