Russian ransomware criminals earn $500 million

In recent reports, our Cybersecurity Insiders have detailed how hackers have been generating revenue through cyberattacks such as ransomware. However, a new report reveals that ransom payments to those deploying file-encrypting malware surged to an eye-watering $500 million in 2023. This figure, compiled by TRM Labs—a blockchain intelligence firm that monitors crypto-crime globally—highlights a significant […]

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