Crypto ransom attack payments soar to record $1 Billion in 2023, Chainalysis reports
In a recent report by blockchain analytics firm Chainalysis on Wednesday, payments from crypto-related ransom attacks surged to $1 billion in 2023. This alarming figure nearly doubles the amount recorded in 2022, highlighting an escalating trend in the digital extortion landscape. The data points to a concerning rise in the frequency and sophistication of ransomware…