Fraud Management & Cybercrime , Ransomware
Why Ransomware Attacks Keep Getting Worse and Worse
McAfee's Raj Samani and John Fokker Trace Criminals' Increasing Sophistication
Security researchers who track ransomware often think such attacks must have hit their peak and can't get any worse - but then they do, say Raj Samani, chief scientist of McAfee, and John Fokker, McAfee's head of cyber investigations. In part, they say, that's because top gangs, in their never-ending quest for greater illicit profits, have successfully become more sophisticated and innovative.
See Also: Corelight's Brian Dye on NDR's Role in Defeating Ransomware
In a video interview with Information Security Media Group as part of its RSA Conference 2021 coverage, Samani and Fokker, whose RSA presentation is titled "Ransomware: New Recipe For An Old Dish," discuss:
- The latest trends surrounding gangs who wield crypto-locking malware and extortion;
- The 5-year-old public/private No More Ransom project's untold origin story.
- The Operation Diànxùn espionage campaign, which apparently was designed to steal 5G technology secrets.
Samani is the chief scientist of McAfee and a cybersecurity adviser to the EU's law enforcement agency, Europol.
Fokker heads cyber investigations for McAfee Advanced Threat Research. He was previously the project leader for the cybercrime threat intelligence team for the Dutch Police.
