ECRIME PAY$! - The New Reality of Ransomware Attacks

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Presented by

Zeki Turedi, Technology Strategist, Crowdstrike; Brandon Dunlap (Moderator)

About this talk

There’s no question that ransomware is a growing threat. In what may be the biggest attack against a commercial business in history, ZDNet reported that a European manufacturer was forced to pay around $95 million following a ransomware attack. And in a separate incident, BBC reported a large renewable energy company lost access to 22,000 computers in 40 countries, reducing its workforce to using pen and paper until the ransomware infection was resolved. However, these attacks reflect only the public side of a much larger cybercriminal industry that is constantly innovating its capabilities. In fact, ransomware is one of the fastest-growing threats in cybersecurity, with damages predicted to crest $20 billion globally by 2021, up from “only” $345 million* in 2015. Join Crowdstrike and (ISC)2 on July 7, 2020 at 1:00PM BST as we explore: - The increase in state-sponsored ransomware seen within the last 12 months where focused attacks promise greater financial payoffs - The tactics, techniques and procedures observed by today’s ransomware attackers and how they’re getting more sophisticated - What you can do to stop ransomware in its tracks

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