Key Findings Ransomware payments reported to FinCEN exceeded $4.5 billion by 2024 2023 marked a record year with $1.1 billion in ransomware payments across 1,512 incidents From 2022 to 2024, organizations reported 4,194 ransomware incidents and over $2.1 billion in payments In comparison, from 2013 to 2021, FinCEN logged 3,075 reports totaling about $2.4 billion Background FinCEN analyzed ransomware trends using Bank Secrecy Act (BSA) reports filed from January 2022 to Februa