Ransomware victims are refusing to pay, tanking attackers’ profits

[Kent Sharkey]

Ars Technica[^]:

Two new studies suggest that ransomware isn't the lucrative, enterprise-scale gotcha it used to be. Profits to attackers' wallets, and the percentage of victims paying, fell dramatically in 2022, according to two separate reports.

Not to mention all the people counting unmarked bills, and checking behind the third park bench

[Super Lloyd]

Damn, what bummer, if one can't ransom and pillage anymore like in the good old days! :O :laugh:

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[den2k88]

Yeah, the cloud is killing the age of RAIDs

GCS/GE d--(d) s-/+ a C+++ U+++ P-- L+@ E-- W+++ N+ o+ K- w+++ O? M-- V? PS+ PE Y+ PGP t+ 5? X R+++ tv-- b+(+++) DI+++ D++ G e++ h--- r+++ y+++*      Weapons extension: ma- k++ F+2 X

[obermd]

The word is out - even if you pay there's no guarantee you'll get your data back.

[Nemanja Trifunovic]

IMHO, the best way to kill the ransomware "industry" would be to make paying the ransoms illegal.

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