A total of $456.8 million was extorted by ransomware groups from their victims in 2022, down by almost 40% from the previous two years’ record-breaking total of $765 million. Chainalysis, a company that analyzes blockchain data, has found that the drastic drop in ransomware earnings is not due to fewer attacks, but rather to the victims’ refusal to pay the hackers.

Read full article on Heimdal Security Blog