<ul><li>Ransomware payments fell by over a third to $813m in 2024 as victims refused to pay and law enforcement took action.</li><li>The decline in ransomware payments was attributed to improved international collaboration, law enforcement actions, and a growing refusal by victims to meet attackers' demands.</li><li>Despite the decrease in payments, ransomware attacks remain prolific and the downward trend is considered fragile.</li><li>The market has seen the impact of coordinated international operations targeting ransomware gangs, leading to a shift in the ransomware ecosystem and the emergence of newcomers focusing on smaller targets.</li></ul>

Global ransomware payments plunge by a third amid crackdown

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