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Browse: Home / 2020 / September / 23 / What’s it really like to negotiate with ransomware gangs? – The Red Tape Chronicles

What’s it really like to negotiate with ransomware gangs? – The Red Tape Chronicles

By Securities Docket on September 23, 2020, 6:21 pm

It can sound strange, but during a recent lecture at Duke University, Ehuan said there were “good” cybercriminals — gangs that have a reputation for keeping those promises. After all, it’s their business. If they were to take the Bitcoin and run, security firms would stop making payments.  On the other hand, you can’t trust every criminal — only the “good” ones.

This is the murky world where Ehuan works. During his lecture, Ehuan talked in broad strokes about the major issues facing companies trying to stay safe in an increasingly dangerous digital world. During this “In Conversation,” we’re going peel back the curtain on this world. David Hoffman and Shane Stansbury, two Duke professors, join us, as well as cybersecurity consultant John Reed Stark.

via What’s it really like to negotiate with ransomware gangs? – The Red Tape Chronicles.

Posted in Data Breach, Top | Tagged Ransomware

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