How will ransomware evolve in the short term?
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Founder/Chairman/CTO in Telecommunication2 years ago
The second act tactic that's starting to reveal itself a lot more in ransomware campaigns is the disclosure of proprietary information. That might be damaging to a company from an extortion standpoint, so they’ll pay to prevent that. As a bad actor, I would double down on that because it makes sense. When you think about it as a business model and a way to make money, it's amazing that it hasn’t happened more prior to this. But now that they're doing this, ransomware operators will double down and reinvest their profits into finding ways to do it better. As an entrepreneur, I try to put myself in the shoes of the criminal and that's exactly what I would do, so that's what I expect.Director of IT in Software2 years ago
Ransomware attacks have evolved as threat actors continually seek ways to expand the scope of their operations and increase profitability. The ransomware-as-a-service (RaaS) model became popular because the use of affiliates enables ransomware operators to attack more victims with little effort. VP in Software2 years ago
Understanding user, application, and service behavior with advanced ML algorithms are what the attackers or defenders are using. It will be a race between who (defender or attacker) creates a better algorithm to train ML.CISO in Banking2 years ago
I think ransomware will change from pure encrypting of files, to an extortion to prevent release of PII and the resulting regulatory fines, we are seeing this evolving currently in recent attacks. More insidious is the infecting of system and lying dormant for some considerable time before activation to ensure backs and air gapped copies of data are also infected. We have also seen a a rise in Ransom as a service and this will only grow, and can potentially be used to manipulate markets at key times such as takeovers, mergers and IPO's.SVP - Software Engineering in Finance (non-banking)2 years ago
ML / AL advancement plus the growing “ransomeware as a service” market will make it easier for hackers to find vulnerabilities in the system. But, I suspect mane ransomware will still be deployed in the same transitional ways via phishing attacks, stealing pw, etc through people who might not be tech savvy in a organization.