Ransomware payments dropped 35% in 2024, totaling $813.55 million, due to better cyber hygiene and law enforcement actions. More organizations are opting not to pay ransoms despite an increase in attacks, aided by improved recovery strategies and incident response capabilities. Disruptions in major ransomware groups like LockBit led to decreased activity, with new actors primarily targeting smaller victims.
https://www.darkreading.com/cybersecurity-operations/ransomware-groups-made-less-money-in-2024