Ransomware Gangs See Profits Crater As Cyber Insurance Policies And Governments Crack Down

Ransomware Gangs See Profits Crater As Cyber Insurance Policies And Governments Crack Down
This past July, we wrote about a report published by Coverware that found that the dollar value of the median ransomware payment was on a downward trajectory beginning in Q1 2022 and continuing in Q2 of the same year. However, we weren’t sure whether this decrease in the value of individual payments would reflect in the total revenue collected

Source: Hot Hardware – Ransomware Gangs See Profits Crater As Cyber Insurance Policies And Governments Crack Down