<ul><li>Ransomware payments declined in 2024 despite massive well-known hacks.</li><li>Ransomware payments fell overall in 2024, dropping more precipitously than ever before in the second half of the year.</li><li>According to Chainalysis, ransomware victims' extortion payments totaled $814 million in 2024, a 35% drop from the previous year's record of $1.25 billion.</li><li>Hackers collected just $321 million from July through December, the biggest decline in payments between two six-month periods observed by Chainalysis.</li></ul>

Ransomware payments declined in 2024 despite massive well-known hacks

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