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FinCEN Report: Reported Ransomware Incidents and Payments Reached All-Time High in 2023

FinCEN Report: Reported Ransomware Incidents and Payments Reached All-Time High in 2023

WASHINGTON—Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) is issuing a Financial Trend Analysis on ransomware incidents in Bank Secrecy Act (BSA) data between 2022 and 2024, which totaled more than $2.1 billion in ransomware payments. “Banks and other financial institutions play a key role in protecting our economy from ransomware and other…

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Source: databreaches.net –

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