EP206 Paying the Price: Ransomware's Rising Stakes in the Cloud

Guest: Allan Liska, CSIRT at Recorded Future, now part of Mastercard  Topics: Ransomware has become a pervasive threat. Could you provide us with a brief overview of the current ransomware landscape? It's often said that ransomware is driven by pure profit. Can you remind us of  the business model of ransomware gangs, including how they operate, their organizational structures, and their financial motivations? Ransomware gangs are becoming increasingly aggressive in their extortion tactics. Can you shed some light on these new tactics, such as data leaks, DDoS attacks, and threats to contact victims' customers or partners? What specific challenges and considerations arise when dealing with ransomware in cloud environments, and how can organizations adapt their security strategies to mitigate these risks? What are the key factors to consider when deciding whether or not to pay the ransom? What is the single most important piece of advice you would give to organizations looking to bolster their defenses against ransomware?  Resources: Video (LinkedIn, YouTube) 2024 Data Breach Investigations Report EP89 Can We Escape Ransomware by Migrating to the Cloud? EP45 VirusTotal Insights on Ransomware Business and Technology EP29 Future of EDR: Is It Reason-able to Suggest XDR? EP204 Beyond PCAST: Phil Venables on the Future of Resilience and Leading Indicators

Om Podcasten

Cloud Security Podcast by Google focuses on security in the cloud, delivering security from the cloud, and all things at the intersection of security and cloud. Of course, we will also cover what we are doing in Google Cloud to help keep our users' data safe and workloads secure. We’re going to do our best to avoid security theater, and cut to the heart of real security questions and issues. Expect us to question threat models and ask if something is done for the data subject’s benefit or just for organizational benefit. We hope you’ll join us if you’re interested in where technology overlaps with process and bumps up against organizational design. We’re hoping to attract listeners who are happy to hear conventional wisdom questioned, and who are curious about what lessons we can and can’t keep as the world moves from on-premises computing to cloud computing.