"Another Record Year For Ransomware Beckons as Crypto Profits Hit $460m"
"Another Record Year For Ransomware Beckons as Crypto Profits Hit $460m"
According to security researchers at Chainalysis, ransomware actors are set for their highest-grossing year on record in 2024 after crypto inflows in the first half of the year reached $460m. The researchers noted that in 2023, ransomware groups made over $1bn after reaching $449m by the end of June. So far this year, the largest ever single ransom payment has been recorded, $75m to the Dark Angels group.