Summary: In 2024, ransomware attacks generated 3.5 million for cybercrime groups, a decrease from the previous year’s .25 billion, despite an increase in attack volume. Notably, the average ransom payment rose, while the median payment significantly dropped, reflecting growing skepticism among victims regarding paying ransoms. The ransomware landscape became fragmented with new entrants adopting different strategies, while law enforcement successes contributed to reduced payment activities.
Affected: Cybercrime groups and organizations worldwide
Keypoints :
- Ransomware attacks totaled 3.5 million in 2024, down from .25 billion in 2023.
- The average ransom payment rose to 3,959, but the median payment dropped by 45% to 0,890.
- North America experienced over 55% of all ransomware attacks, with the industrial sector targeted in 27% of cases.
- The year saw the emergence of new ransomware groups focusing on smaller targets and employing psychological tactics.
- Law enforcement efforts have successfully disrupted cybercriminal networks, impacting ransom payment trends.
Source: https://thehackernews.com/2025/02/ransomware-extortion-drops-to-8135m-in.html