Money stolen falls from record $1.25bn to $813m as more victims refuse to pay off criminal gangs
Ransomware payments fell by more than a third last year to $813m (£650m) as victims refused to pay cybercriminals and law enforcement cracked down on gangs, figures reveal.
The decline in such cyber-attacks – where access to a computer or its data is blocked and money is then demanded to release it – came despite a number of high-profile cases in 2024, with victims including NHS trusts in the UK and the US doughnut firm Krispy Kreme.
About Author
More Stories
Microsoft unveils chip it says could bring quantum computing within years
I became absorbed in strangers’ fertility journeys online
Are noise-cancelling headphones impairing our hearing skills? Some audiologists are beginning to worry