The Evolving Ransomware Landscape

This episode of Eye on Security delves into a security topic that continues to be front and center for many organizations: ransomware.  Dave Wong, Vice President for Mandiant Consulting, joined host Luke McNamara to discuss some of the recent changes with threat activity in this space. Dave covered where the trends in ransomware operations have taken us over the last year and a half, with increasing ransom price demands and the frequent extortion over stolen data from the victim. Dave and Luke also chatted affiliate models common and the fluid nature of many ransomware families, as new malware emerges and others seemingly “go dark”. Dave discussed his visibility into ransomware negotiations, sharing examples of his experience in dealing with these threat actors. He also highlighted important preparedness steps organizations can take beyond technical hardening by considering strategies of how they might approach dealing with a threat actor in a ransomware scenario. Finally, Dave and Luke touched on what changes might be seen as threat actors continue to evolve TTPs and extortion methods.  

For further insights into ransomware negotiations, check out this Daily Beast interview with Dave: https://www.thedailybeast.com/inside-a-ransomware-negotiation-this-is-how-asshole-russian-hackers-keep-shaking-down-companies