Videos, ransomware
Dubbed a “watershed year for ransomware,” 2023 marked a turnaround from the decline in ransomware payments seen the previous year
February 9, 2024
According to an analysis by Chainalysis, a blockchain research firm, ransomware payments in 2023 reached a record $1.1 billion in 2023. Calling 2023 a “watershed year for ransomware,” Chainalysis also said which last year marked a reversal from the decline seen in 2022, when payments were “only” half of last year’s amount. The underlying trend – that ransomware authors were more active last year than in the previous year – was also observed by ESET experts in the H2 2023 edition of the ESET Threat Report.
What else is there to know about this trend, what are its broader implications, and could cyber insurance partly explain these developments? Find out in the video.
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