Ransomware payments are down 40.58%, according to a new report by blockchain forensics firm Chainalysis. In the report released Thursday, Chainalysis says ransomware attackers extorted at least $456.8 million in funds in 2022, compared to $765.6 million the year before. "That doesn't mean attacks are down, or at least not as much as the drastic dropoff in payments would suggest," Chainalysis says. "Instead, we believe that much of the decline is due to victim organizations increasingly refusing to pay ransomware attackers." The 2022 roundup follows Chainalysis's end-of-year reporting on the biggest crypto hacks of the last year. (Decrypt)
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