Ransomware Payments Reportedly Hit Record High $1.1 Billion in 2023

Ransomware payments skyrocketed in 2023, hitting a record-high $1.1 billion extorted from targets of the schemes, according to a Chainalysis report. The New York-based firm’s report details ransomware actors going after companies such as British Airways, as well as targeting infrastructure that yielded a surge of ransom payments.

• Read the article: The Hill