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Why banning ransomware payments is only a limited fix - Information Age
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Why banning ransomware payments is only a limited fix - Information Age
By Robert Phan on Information Age - Insight and Analysis for the CTO Ransomware payments saw a significant drop from an all-time high of $1.2 billion (£930 million) in 2023 to $813 million (£650 million) in 2024, thanks to law enforcement efforts. A series of coordinated operations in Ukraine in 2024 led to the arrest of critical members of LockBit, a notorious ransomware group responsible for over 2,000 attacks across more than 70 countries, in…
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