was a whopping $602 million at the time of the 2022 report, which was later tipped up to $766 million when additional cryptocurrency wallet addresses were identified.
Interestingly, ransomware attackers resorted to centralized cryptocurrency exchanges 48.3% of the time when reallocating the funds — up from 2021’s figure of 39.3%.Chainalysis also noted that mixer protocols such as the now OFAC-sanctioned Tornado Cash, increased from 11.6% to 15.0% in 2022.Victims refusing to pay
A statistical analysis carried out by Bill Siegel, CEO of ransomware incident response firm Coveware also suggested ransomware victims are becoming less reluctant to pay up: Many firms won’t renew policies unless the insured systems are comprehensively backed up, integrate Endpoint Detection and Response security and utilize multi-authentication mechanisms, Siegel noted.Report: 74% of stolen funds from ransomware attacks went to Russian-affiliated wallet addresses in 2021
This is indeed bear market 😂
they still get to keep 60% free money tho. I don`t see any painful part there
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