Ransomware payments reached $1 billion in 2023

In the year 2023 alone, hackers behind the rampant spread of ransomware amassed a staggering $1 billion in ransom payments, as disclosed by a comprehensive study conducted by blockchain research firm Chainalysis. This alarming figure, equivalent to the annual budget of several small Asian nations, marks a significant spike compared to previous years, doubling from […]

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