Ransomware losses tumble but threat remains: Chainalysis

Quick Summary:

A new report shows that collaboration between authorities and victims' refusal to negotiate with bad actors caused a decline in ransomware losses in 2024.

The post Ransomware losses tumble but threat remains: Chainalysis appeared first on CoinGeek.

The decline hit its strides in the second half of 2024, with threat actors pulling in nearly $500 million by June, underscored by the near $100 million payment to the Dark Angels syndicate and Akira.

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Article Details

Author / Journalist: Wahid Pessarlay

Category: Crypto

Markets: CanadaNorth KoreaMali

Topics: Cybersecurity Stephen Ajayi Kaspersky SparkCat Tech Scammers Google Pay Malware Lizzie Cookson Ransomware Apple App Store

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-20 @ 04:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 1032 words

Reading Time: 6 minutes read

Sentences: 37 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 26284617

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Main Topics: Crypto

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