In 2024, the volume paid to cybercriminals by companies whose data was seized totaled $813.5 billion
businesses: Chainalysis
- In 2024, companies paid a total of $813.5 billion to cybercriminals for ransomware attacks.
- This represents a 34.9% decrease from the $1.25 billion paid in 2023, which was the peak since the COVID-19 pandemic.
- Victims of ransomware attacks are increasingly refusing to pay ransoms according to a study by Chainalysis.
Find out the mood, impact, relevance and relevant interest groups
Analyses of the article
SENTIMENT
The article highlights a positive development in the fight against ransomware, as victims are increasingly refusing to pay, leading to a significant decrease in total payments.
IMPACT
Short
The decrease in payments to cybercriminals indicates a short-term trend where businesses are adapting to ransomware threats more effectively.
RELEVANCE
High
The topic of ransomware attacks and their financial impact is highly relevant to a broad audience, especially businesses concerned about cybersecurity.
STAKEHOLDER
businesses
Businesses are the primary stakeholders affected by ransomware attacks and their financial implications, making this article particularly relevant to them.