Ransomware 2021: Critical Mid-Year Update

When we published our latest Crypto Crime Report a few months ago, we noted that ransomware was 2020’s fastest-growing segment of cryptocurrency-related crime, with victim payments to attackers growing 311% to reach nearly $350 million worth of cryptocurrency. Since then, Chainalysis joined the Institute for Security and Technology’s Ransomware Task Force. Together, the task force put out a report sizing up the ransomware problem and making recommendations on how governments around the world can address it.

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