Tandon in the News

Ransomware Attacks: Victims Have Paid More Than $25 Million Since 2014


Ransomware attacks have grown increasingly more common in recent years and their impact shows in the wallets of victims. Those who have fallen prey to ransomware have paid more than $25 million in ransoms since 2014, a study found. The data comes from researchers at Google; blockchain analysis firm Chainalysis; University of California, San Diego; and the NYU Tandon School of Engineering, who worked to follow cryptocurrency payments to find out just how much attackers have generated by holding files hostage.

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