Anti-Financial Crime & Financial Crime Compliance
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LATEST: US ransomware incidents skyrocket in 2021 as FinCEN warns of ‘significant threat’ to critical infrastructure

By Alisha Houlihan for AMLi

Ransomware-related incidences in the US soared in 2021 compared to 2020 figures, according to a new report released by the US Treasury’s Financial Crime Enforcement Network (FinCEN). 

The level of ransomware-related incidents skyrocketed by over 108% from 602 incidents to 1,251 incidents last year, with dollar values also increasing significantly from $527M to $886M.

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