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Ransomware Extortion Skyrockets in 2023, Reaching $449.1 Million and Counting



July 12, 2023 at 06:39PM

Ransomware has emerged as the only cryptocurrency-based crime to grow in 2023, with cybercriminals extorting nearly $175.8 million more than they did a year ago, according to findings from Chainalysis. "Ransomware attackers are on pace for their second-biggest year ever, having extorted at least $449.1 million through June," the blockchain analytics firm said in a midyear crypto crime report

from The Hacker News https://ift.tt/dXctLJ2

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