Ransomware is so not fetch #threatwire #cyberattack

Summary: The video discusses a new study indicating a significant drop in ransomware payments in 2024, with attackers receiving around .5 million, a 35% decrease from the previous year. This marks the first decline in ransomware revenues since 2022, attributed to changes in the ransomware environment after crackdowns on major groups. Despite the decline in ransomware, incidents of data leaks have surged, with 56 new leak sites identified.

Keypoints:

• Ransomware payments fell to approximately .5 million in 2024.
• This represents a 35% decrease from the record-setting .25 billion in 2023.
• For the first time since 2022, ransomware revenues have declined.
• The ransomware landscape has shifted due to the crackdown on LockBit and the exit of Black Cat.
• Ransom Hub has reported the highest number of victims attacked in 2024.
• Data leaks have increased, with 56 new leak sites identified in 2024.
• The video invites viewers to share their thoughts on the future of ransomware and data leaks in the comments.