Why it matters: Ransomware is a type of malicious software that cybercriminals use to encrypt data or lock a victim's system, ...
Payments to ransomware actors decreased 35% year-over-year in 2024, totaling $813.55 million, down from $1.25 billion ...
There was a dramatic surge in ransomware attacks in 2023, with a 55% year-over-year increase. The total number of victims reached 5,070. This rise doesn’t tell the whole tale, though.
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