BakerHostetler: Ransomware in Decline with Fewer Attacks and Lower Payments
The HIPAA Journal
APRIL 16, 2025
BakerHostetler has identified an increase in fraudulent wire transfers, suggesting threat actors are responding to the falling profitability of ransomware attacks by making money in other ways. Fraudulent transfers increased by 302% year over year, with an average transfer of $1,256,797 and a median transfer of $130,000.While
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