Ransomware payments in 2023 reached a record $1.1B, up from $567M in 2022 and $983M in 2021, as the frequency, scope, and volume of attacks escalated

Ransomware payments in 2023 reached a record $1.1B, up from $567M in 2022 and $983M in 2021, as the frequency, scope, and volume of attacks escalated

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In 2023, ransomware actors intensified their operations, targeting high-profile institutions and critical infrastructure, including hospitals, schools, and government agencies. Major ransomware supply chain attacks were carried out exploiting the ubiquitous file transfer software MOVEit, impacting…

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