Cybercrime groups collected a total of $813,5 million from ransomware attacks in 2024. This is down from $1.25 billion earned in 2023.
Chainalysis, a blockchain intelligence company, said that the total amount of extortion during the first half 2024 was $459.8 millions. Payment activity also dropped after July 2024, by approximately 3.94%.
“The number ransomware incidents increased in H2, but on-chain payment declined.”