Financial institutions, healthcare providers, manufacturers and other victims paid ransomware attackers more than $2.1 billion from January 2022 through December 2024, according to the U.S. financial intelligence unit, nearly matching the total for the previous nine years combined. In a 15-page analysis, the Financial Crimes Enforcement Network disclosed Thursday that financial services companies in the U.S. filed nearly 7,400 reports on nearly 4,200 ransomware-related incidents and payments during those three years pursuant to the Bank Secrecy Act, after filing 3,075 reports on $2.4 billion of such incidents and payments from 2013 to 2021. Annual totals in those categories peaked at...
The Financial Crimes Enforcement Network (FinCEN) released a financial trend analysis detailing ransomware activity reflected in Bank Secrecy Act reports submitted between 2022 and 2024.
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