Report: 74% of stolen funds from ransomware attacks went to Russian-affiliate...

Report: 74% of stolen funds from ransomware attacks went to Russian-affiliate...

Russian hackers allegedly netted a profit of more than $400 million through crypto-ransomware in 2021. According to a new report published by blockchain analytics firm Chainalysis on Monday, approximately 74%, or over $400 million USD, of ransomware revenue last year were funneled into high-risk wallet addresses that are likely to have been based in Russia. The report analyzed ransomware hacks throughout 2021 and determined their affiliation to Russia through three key characteristics:Traces of Russia-based cybercriminal organization Evil Corp being behind a given breach; the group has....


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