RSAC: Law Enforcement Takedowns Force Ransomware Affiliates to Diversify

May 6, 2024
RSAC: Law Enforcement Takedowns Force Ransomware Affiliates to Diversify

The recent wave of law enforcement operations against ransomware gangs led to short-term decreased ransomware payments and activities, forcing ransomware affiliates to diversify.

This is one of the findings of a new report by dark web research firm Chainalysis, published during the RSA Conference on May 6.

In the report, Chainalysis recorded evidence of a decrease in ransomware operations’ profitability following recent law enforcement takedowns against ransomware groups, such as QakBot, ALPHV/BlackCat and LockBit.

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