Ransomware payments fell by 35% in 2024, totalling $813,550,000
ID: 3b445d1f-ee0a-565e-83f5-5bb32c8f8219
STIX ID: report--3b445d1f-ee0a-565e-83f5-5bb32c8f8219
Feed Name: Bleeping Computer
Threat Score
Chainalysis and industry reports show 2024 saw a 35% decline in ransomware payments to $813.55M even while the number of successful ransomware breaches reached a record 5,263; factors include increased victim resistance, law enforcement actions (e.g., Operation Cronos), fragmentation of major groups, and evolving laundering tactics such as cross-chain bridges, though high-profile large payments (notably a $75M payment to Dark Angels) still occurred.
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