Ransomware victims have paid $459,800,000 to cybercriminals in the first half of 2024, setting the stage for a new record this year if ransom payments continue at this level.
Last year, ransomware payments reached a record $1.1 billion, which Chainalysis previously predicted from stats gathered in the first half of the year when ransomware activity grossed $449,100,000.
We now stand at approximately 2% higher than 2023’s record-breaking trajectory from the same period despite significant law enforcement operations that disrupted large ransomware-as-a-service operations, such as LockBit.
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