The US Treasury reported that ransomware payments reached over $4.5 billion from 2022 to 2024. The median payment increased from $124,097 in 2022 to $175,000 in 2023, with the financial services, manufacturing, and healthcare sectors being the most targeted. Akira ransomware group led in incidents, while ALPHV/BlackCat received the highest payments.

A data breach at SitusAMC, a vendor processing mortgage data, has raised alarms among major banks like JPMorgan, Citi, and Morgan Stanley regarding potential customer data exposure. The breach, discovered on November 12, involved access to sensitive corporate and possibly client information, prompting ongoing investigations and heightened security measures.