Are ransomware payments down?

As additional evidence, blockchain data platform Chainalysis told WSJ that ransomware payments that it tracked in 2022 fell by 40 percent to $457 million. The figure was initially disclosed in a recent blog post by the company. “The trend is clear: Ransomware payments are significantly down,” Chainalysis said in the post.

What does the FATF report say about ransomware?

This FATF report analyses the methods that criminals use to carry out their ransomware attacks and how payments are made and laundered. The report also proposes a number of actions that countries can take to more effectively disrupt ransomware-related money laundering.

What is the 2023 global ransomware report?

The 2023 Global Ransomware Report Fortinet recently surveyed 569 cybersecurity leaders and decision-makers from organizations of all sizes and industries around the globe to understand their perspectives on ransomware, how it has impacted their organizations, and what strategies they have in place to mitigate a potential attack.

Was 2022 a bad year for ransomware?

The statistic was first reported by the Wall Street Journal. Mandiant, which is owned by Google Cloud, confirmed the stat in an email to CRN. The WSJ report also included several other indicators that 2022 was a less successful year for ransomware. [Related: Mandiant: 79 Percent Of Cybersecurity Decisions Ignore Threat Intelligence]