Ransomware may have extorted over $2.1 billion between 2022-2024, but it’s not all bad news, claims FinCEN report

A new report from the United States’s Financial Crimes Enforcement Network (FinCEN) has shone a revealing light on the state of the criminal industry of ransomware.

The report, which examines ransomware incidents from 2022 to 2024, reveals that attackers extorted more than $2.1 billion over the three-year period.

Yes, that number is enormous – but it hides a more interesting story beneath it: that after peaking in 2023, ransomware payments actually started to decline.

Read more in my article on the Fortra blog.Graham CluleyRead More