Fraud Management & Cybercrime , Ransomware , Video

ISMG Editors: How the Ransomware Ecosystem Is Fracturing

Also: Rise of Online Scams; ISMG Crypto and Payments Summit
Clockwise, from top left: Anna Delaney, Mathew Schwartz, Rashmi Ramesh and Suparna Goswami

In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity and privacy issues, including how amateur tactics employed by ransomware gangs are leading fewer victims to pay ransoms, why traditional identity controls can't protect against growing authorized payment scams, and highlights from ISMG's Crypto and Payments Summit.

See Also: Webinar | Everything You Can Do to Fight Social Engineering and Phishing

The panelists - Anna Delaney, director, productions; Mathew Schwartz, executive editor of DataBreachToday and Europe; Rashmi Ramesh, senior subeditor, global news desk; and Suparna Goswami, associate editor, ISMG Asia - discuss:

  • How ransomware victims who opt to pay a ransom have been seeing a "decline in quality and reliability" when it comes to quickly restoring affected systems, according to ransomware incident response firm Coveware;
  • Highlights from an interview with Omega FinCrime's Ian Mitchell on the rise of online scams and why financial institutions' defenses must change;
  • Key takeaways from ISMG's Crypto and Payments Summit, including questions around how to secure the rapid expansion of the cryptoverse.

The ISMG Editors' Panel runs weekly. Don't miss our previous installments, including the Oct. 14 edition assessing the proposed EU-US data flow plan and the Oct. 21 edition discussing what CISOs can learn from the ex-Uber CSO verdict.

About the Author

Anna Delaney

Anna Delaney

Director, ISMG Productions

An experienced broadcast journalist, Delaney conducts interviews with senior cybersecurity leaders around the world. Previously, she was editor-in-chief of the website for The European Information Security Summit, or TEISS. Earlier, she worked at Levant TV and Resonance FM and served as a researcher at the BBC and ITV in their documentary and factual TV departments.

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