Book payments dropped in 2024 when victims refused to pay hackers

Run payments fell more than one-third in 2024, as an increasing number of casualties refused to negotiate with hackers.

In A report published on WednesdayThe cryptocurrency company Chairalysis cryptocurrency said that while Ransomware leakage sites have published more casualties than in previous years in 2024, less casualties have been submitted to hackers’ demands. Chainalysis reported a 35% drop in ransom payments, with Ransomware hackers receiving a total of $ 814 million compared to a $ 2023 record $ 1.25 billion.

In additional evidence of victims who refuse to meet the requests of the attackers, Chainalysis is said that in the second half of 2024. The amounts required by cyber bands are 53% higher than the actual payments – despite the increase in the number of attacks For ransom.

Chainalysis says the surprise decline – the first one observed after 2022 – was also conditioned by an increase in the actions of law enforcement, Including the disconnection of the LockBit Running Running Bandand improved international cooperation.