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The company says there are multiple factors that contributed to this infamous milestone.
First, the Russo-Ukrainian war helped contribute to the decrease in ransomware activities observed in 2022.
Among the victims, Chainalysis singled out the BBC and British Airways.
Finally, the ransomware ecosystem is fluid, with groups constantly rebranding, or overlapping strain usage.
New threat actors emerge almost daily, successfully adapting to regulatory changes and law enforcement actions.