Report: Russian Ransomware Gangs Gain Up to $500 million in Crypto Attacks in 2023

On August 2nd, a new report revealed the dominance of Russian-speaking threat actors in the ransomware space. In 2023, these gangs will capture at least 69% of the total ransomware attack cryptocurrency revenue, amounting to as much as $500 million. In the newly released report, the threat and blockchain intelligence analysts of TRM Labs exposed the deep involvement of Russian-speaking cybercriminals in activities such as ransomware, dark web markets and illegal cryptocurrency transactions, and their influence is astounding.