E16: Where does the big flow of ransom money go?

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Ransomware generates massive payouts. Where does all that ransom money go?
April 7, 2022
13:19
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Over the last two years, ransomware attacks have skyrocketed. And new research from blockchain surveillance firm Chainalysis shows that ransomware gangs are getting more sophisticated. But who's behind these attacks, where does the stolen money flow, and lastly, what should banks and financial institutions do to best prepare for such cyber-attacks?