FinCEN Says Ransomware Gangs Extorted Over $2.1B From 2022 to 2024

FinCEN reports ransomware gangs extorted over $2.1 billion from 2022 to 2024, peaking in 2023 with 1,512 incidents and $1.1 billion in payments. A decline in 2024 saw 1,476 incidents and $734 million in payments, attributed to law enforcement actions against gangs like BlackCat and LockBit. The manufacturing, financial services, and healthcare sectors were most affected, with these industries suffering significant losses. Over 267 ransomware families were identified, with Akira being the most reported. Majority of payments were made in Bitcoin (97%).

https://www.bleepingcomputer.com/news/security/fincen-says-ransomware-gangs-extorted-over-21b-from-2022-to-2024/

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