FinCEN data shows $4.5B in ransomware payments, record spike in 2023

Ransomware payments reported to FinCEN exceeded $4.5B by 2024, with 2023 marking a record year at $1.1B across 1,512 incidents. FinCEN analyzed ransomware trends using Bank Secrecy Act (BSA) reports filed from January 2022 to February 2025. During this period, organizations reported 4,194 ransomware incidents and more than $2.1 billion in payments. For comparison, fromSecurity AffairsRead More