Ransomware assaults garnered cybercriminal organizations a sum of $813.5 million in 2024, reflecting a reduction from $1.25 billion in 2023.
According to blockchain analysis company Chainalysis, the overall sum extorted during the initial six months of 2024 reached $459.8 million, noting that payment transactions dropped post-July 2024 by approximately 3.94%.
“The frequency of ransomware incidents rose in the second half, yet on-chain payments saw a decrease,”