Blockchain intelligence firm Crystal Blockchain said: Cryptocurrency payments to ransomware hackers “are just $16 million, compared to nearly $74 million in 2021.”
This might come as a surprise. Due to the number of ransomware attacks,moreSince 2021, according to cybersecurity researchers, and this year, ransomware gangs like Conti, known for attacks on US hospitals. during the COVID-19 outbreakshut down But new groups are continually emerging.
Crystal’s director of blockchain intelligence, Nick Smart, said it may be too early to conclude that ransomware attacks have permanently declined.
“Since the Conti leak, we have been able to collect more information about the history of the ransomware, which means we have a better idea of what it was before. Because of the way ransom payments generally work. It’s impossible to tell what’s going on right now. Because many companies do not disclose their payment information publicly.”
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