Analysis: ransomware attackers received at least ~$457M in 2022, a low estimate, down from ~$766M in 2020 and 2021, as victims increasingly refuse to pay
a huge drop of 40.3%. In this blog, we break down this phenomenon and explore some key ransomware trends from the past year. 🧵https://blog.chainalysis.com/ ... https://twitter.com/... https://twitter.com/...
5/ Another important trend: Rebranding and affiliate overlap. While on-chain data suggests many unique ransomware strains were active throughout the year, we can dig deeper to find evidence that most attacks are actually carried out by the same small group of cybercriminals. http…
2/ This sharp decline is not because attacks are down but because victims aren't paying. What accounts for this decrease in victim payments? Paying ransoms has become legally riskier, especially following an OFAC advisory in September 2021. https://home.treasury.gov/...
1/ In 2022, ransomware attackers extorted at least $457M from victims, down from $766M the year before—a huge drop of 40.3%. In this blog, we break down this phenomenon and explore some key ransomware trends from the past year. 🧵https://blog.chainalysis.com/ ... https://twitter.c…