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Coin Edition

2023-01-20 11:35:00

Ransomware Revenue Falls by 40% as Majority of Victims Refuse to Pay

Ransomware Revenue Falls by 40% as Majority of Victims Refuse to Pay

The illegal revenue accruing to crypto criminals from ransomware exploits declined in 2022 as more victims refused to pay, according to recent data published by market intelligence firm, Chainalysis. The report noted that Ransomware attackers could only extort $456 million from victims in 2022 after stealing nearly twice that value in the previous year. Chainalysis The post Ransomware Revenue Falls by 40% as Majority of Victims Refuse to Pay appeared first on Coin Edition .

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