North America Is Biggest Ransomware Target, Chainalysis Says
- Associates of Russia-linked groups take a toll: report
- U.S. aims to ramp up its fight against ransomware operations
Source: Getty Images
This article is for subscribers only.
North America has been extorted for the most money by ransomware attackers of any region -- and the groups targeting it tend to be associated with Russia-based cybercriminal groups, according to a new report.
Users in the region paid $131 million in cryptocurrency to ransomware attackers between July 2020 and June 2021, according to a report from Chainalysis Inc., crypto-forensics firm. That’s more than double the amount sent from Western Europe, which paid the second-most.