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Ransomware gangs are hitting roadblocks, but aren’t stopping (yet)

August 1, 2022

Ransomware attacks are in decline, according to reports by several cybersecurity companies. Why is that?

More effort for less pay

In its mid-year 2022 Cyber Threat Report, SonicWall notes that there has been a global 23% drop in ransomware, “as geopolitical forces, volatile cryptocurrency prices, and increased government and law-enforcement focus impacted both who cybercriminals chose to attack and how well they were capable of carrying out those attacks.”

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