📣 Ransomware's Record-Setting Year
posted 7 Feb 2024
Ransomware attacks achieved a record-breaking milestone in 2023, stealing $1 billion in cryptocurrency, despite a notable downturn in 2022.
Rising tide of ransomware: A graphical view of stolen funds. Source: Chainalysis
The revival of ransomware is linked to a rise in attack frequency and variety. Researchers uncovered 538 new strains of these malicious programs, each employing unique criminal strategies.
According to a recent Chainalysis report, the most significant attacks leveraged the popular file-transfer software MOVEit, impacting major entities such as the BBC and British Airways.
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