Ransomware Experts See Problems With Banning Ransom Payments
As the damage caused by ransomware and profits flowing to attackers reaches record levels, a panel of cybersecurity and policy experts reviewed what it might take
U.S. banks processed about $1.2 billion in ransomware payments in 2021
- U.S. banks and financial institutions processed more than $1 billion in potential ransomware-related payments in 2021. * It’s a new record and almost triple the amount that was reported the previous year. * Over half the ransomware attacks are attributed to suspected Russian cyber hackers, according to a new report.
U.S. banks processed about $1.2 billion in ransomware payments in 2021
* U.S. banks and financial institutions processed more than $1 billion in potential ransomware-related payments in 2021. * It’s a new record and almost triple the amount that was reported the previous year. * Over half the ransomware attacks are attributed to suspected Russian cyber hackers, according to a new report.