Cyber risks are constantly evolving, and while there had been a lull in the frequency of ransomware attacks, that respite has clearly ended. In an interview last month on NPR, Jackie Burns Koven of Chainalysis, a blockchain data platform that provides insights on cyber risks and attacks, said that 2023 is shaping up to be one of the worst years yet in terms of ransomware payments. Koven shared that the company had tracked at least $450 million in ransomware payments through June 2023 and the number is expected to increase.
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