Ransomware Payments Are Getting Bigger as Hackers Shift Focus to Larger Targets: Chainalysis

Chainalysis’ data shows the average ransomware payment size last year reached $118,000 in cryptocurrency, up from $88,000 in 2020, according to a report published Thursday. In 2019, the average ransomware payment was only $25,000. Kim Grauer, Chainalysis’ head of research, attributes this jump to the growing sophistication of ransomware groups.