Ransomware Insights: From Simple Extortion to Global Threat

This episode breaks down the evolution of ransomware over the past two years (December 2022 to November 2024), using a trove of cyber insights reports. Listeners will gain a clear understanding of how ransomware has transformed from basic encryption schemes to sophisticated attacks involving data exfiltration, double extortion, and specialized targeting. The episode explores:

 

Evolving Tactics: The shift from simple encryption to data theft and double extortion, increasing pressure on victims.

 

Expanding Targets: The move beyond traditional targets like healthcare and government to include critical infrastructure, highlighting the growing threat to essential services.

 

Ransomware-as-a-Service: The emergence of this model, lowering the barrier to entry for cybercriminals and contributing to the fragmentation of the ransomware landscape.