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Tag: Ransomware payments


Hacking, Security

US banks processed over $1 billion in ransomware payments last year

November 2, 2022

Via: Techradar

Banks in the United States processed almost $1.2 billion in ransomware(opens in new tab) payments last year, a new report has claimed. The Financial Crimes Enforcement Network (FinCEN) drew on data from the ransomware-related Bank Secrecy Act (BSA) filings throughout […]


Hacking, Security

Ransomware payments are falling as victims refuse to pay up

July 29, 2022

Via: Techradar

It’s getting harder for ransomware operators to get the victims to pay up, but once they do – they pay more than they did a year ago. A new report from Coveware claims that although the number of payments dropped, […]