Ransomware attacks have sharply increased in 2023, and payments to ransomware gangs and affiliates are nearing all-time highs. With law enforcement and governments sharply focused on disrupting and imposing costs on ransomware groups, why is ransomware stubbornly sticking around?

In this edition of Studio 471, Jacqueline Burns Koven of Chainalysis discusses how ransomware is evolving and what challenges it poses for defenders.