The Business of Ransomware

Did you know there’s an entire underground economy around ransomware? In this webinar, Halcyon explained how Ransomware-as-a-Service (RaaS) groups operate, what an affiliate is, and how Initial Access Brokers (IABs) are the glue that holds them all together. The ransomware economy constantly changes, with groups disbanding or taking market share from competitors from quarter to quarter. Who will be crowned top dog in 2023?

What you got on this broadcast:

• The RaaS group “power rankings” as of May 2023.
• A deep dive into the hierarchy of the RaaS organizational structure and the economy that powers ransomware.
• A discussion on why ransomware is evading security tools and what can be changed to stop it.