Suspected Ransomware Payments for First Half of 2021 Total $590 Million

Ransomware attack on UnitedHealth

Banks and other financial institutions in the U.S. reported transactions worth nearly $600 million suspected of being ransomware payments in the first half of this year, surpassing the total for all of 2020, according to a new Treasury Department report published Friday. Officials say the data, based on so-called suspicious activity reports that financial firms… Continue reading Suspected Ransomware Payments for First Half of 2021 Total $590 Million