Ransomware

2 Results

Crypto ransomware revenue drops 35% to $813 million in 2024 amid tougher crackdowns and victim resistance

The crypto industry saw ransomware payments decline by 35% in 2024, falling to $813 million from the previous year’s $1.25 billion, according to Chainalysis‘ 2025 Crypto Crime Report. According to […]

U.S. Treasury’s OFAC Bans Crypto Addresses Tied to LockBit Ransomware Group From Financial System

“The LockBit ransomware variant, like other major ransomware variants, operates in the ‘ransomware-as-a-service’ (RaaS) model, in which administrators, also called developers, design the ransomware, recruit other members — called affiliates […]