Topic: bank secrecy act

Ransomware Gangs Extorted $2.1B in Two Years: FinCEN

Ransomware extortion surged, with criminals collecting over $2.1 billion from 2022-2024, nearly matching the total from the previous eight years. While 2023 was a peak year, ransom payments dropped sharply in 2024, largely due to successful law enforcement actions against major gangs like ALPHV/B...