Fortune 50 Co. Pays Record-Breaking $75M Ransomware Demand

Cybersecurity firm Zscaler’s 2024 annual ransomware report revealed a Fortune 50 company, which remained anonymous, paid a record $75 million in Bitcoin to cybercriminals known as Dark Angels. This payment dwarfs past ransom sums, including a reported but unconfirmed $40 million paid by CNA Financial in 2021. Dark Angels typically target fewer but high-value entities in various sectors, often avoiding data-encryption in favor of subtly stealing vast amounts of data.