Russian ransomware gangs account for 69% of all ransom proceeds
Posted: Fri Jul 26, 2024 5:20 pm
Russian-speaking threat actors accounted for at least 69% of all crypto proceeds linked to ransomware throughout the previous year, exceeding $500,000,000.
This number is from TRM Labs, a blockchain intelligence and analytics firm specializing in crypto-assisted money laundering and financial crime.
North Korea is the leader in stealing cryptocurrency through exploits and breaches, having stolen over a billion dollars in 2023. Asia also remains the leader in scams and investment fraud however, Russians reportedly dominate all other malicious activity involving crypto.
[...]
Russian ransomware gangs account for 69% of all ransom proceeds
This number is from TRM Labs, a blockchain intelligence and analytics firm specializing in crypto-assisted money laundering and financial crime.
North Korea is the leader in stealing cryptocurrency through exploits and breaches, having stolen over a billion dollars in 2023. Asia also remains the leader in scams and investment fraud however, Russians reportedly dominate all other malicious activity involving crypto.
[...]
Russian ransomware gangs account for 69% of all ransom proceeds