
- FinCEN reports ransomware activity dropped in 2024 after ALPHV and LockBit takedowns
- 2023 was peak year with $1.1B in payments; 2024 saw 1,476 incidents and $734M paid
- Collapsed gangs (ALPHV, LockBit, Black Basta) earned $790M; Akira remains most active, targeting finance, manufacturing, and healthcare
The takedown of ALPHV and LockBit ransomware gangs made a solid dent in the overall performance of ransomware operations last year.