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Ransomware losses tumble but threat remains: Chainalysis

Losses from ransomware attacks fell by 35% in 2024 to $813.55 million, compared to the previous year, according to a report by Chainalysis. Factors contributing to the decline included cooperation between law enforcement agencies and victims and a lack of successor syndicates to replace collapsed major ones. However, the report anticipates an increase in activity and adaptations in strategies by threat actors in 2025.

Source: coingeek.com –

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