Ransomware: The Darker Side of Bitcoin

Presented by

JP Vergne (Scotiabank Lab, Ivey B-School), Alexander Hinchliffe (Palo Alto), Samee Zafar (Edgar Dunn) Mark Lavender (BT)

About this talk

Bitcoin has been making remarkable breakthroughs in the currency world. Its ability to allow users to be fully in control of their transactions along with its no-borders transfer policy have made it attractive to both investors and consumers alike. However, recent reports have revealed a darker side to Bitcoin. The cryptocurrency is being hoarded by financial institutions as ransom money to pay off potential cyber attackers. Has Bitcoin officially crossed the line and now become a black market currency? Has its untraceable nature inspired the new generation of cyber criminals to initiate unprecedented levels of targeted Ransomware attacks? Join this panel of industry-leading speakers, who'll be discussing the following: -Why has Bitcoin-related ransomware become more popular in recent years? -How can you prevent a Ransomware outbreak in your organisation? -Is it possible to catch and subsequently prosecute blockchain criminals? -How can authorities and financial institutions adopt and adapt in the face of rising levels of Ransomware threats?

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