From The Hacker News – The New Ransomware Groups Shaking Up 2025

From The Hacker News – The New Ransomware Groups Shaking Up 2025

In 2024, global ransomware attacks hit 5,414, an 11% increase from 2023.  After a slow start, attacks spiked in Q2 and surged in Q4, with 1,827 incidents (33% of the year's total). Law enforcement actions against major groups like LockBit caused fragmentation, leading to more competition and a rise in smaller gangs. The number of active ransomware groups jumped 40%, from 68 in 2023 to 95
From The Hacker News – Ransomware Extortion Drops to $813.5M in 2024, Down from $1.25B in 2023

From The Hacker News – Ransomware Extortion Drops to $813.5M in 2024, Down from $1.25B in 2023

Ransomware attacks netted cybercrime groups a total of $813.5 million in 2024, a decline from $1.25 billion in 2023. The total amount extorted during the first half of 2024 stood at $459.8 million, blockchain intelligence firm Chainalysis said, adding payment activity slumped after July 2024 by about 3.94%. "The number of ransomware events increased into H2, but on-chain payments declined,