State of Ransomware and Data Extortion: Implications and How Adversaries Are Bypassing Security Controls

Ransomware has evolved into one of the most disruptive threats organizations face today, disrupting critical systems, endangering lives, and costing billions of dollars in losses. Ransomware operators are organized, well-funded, and adept at bypassing security controls even at organizations with the most mature security programs. We will discuss:

• The state of the ransomware ecosystem and the leading threat actors in the space
• The marked increase in data exfiltration prior to encryption for double extortion
• Tactics ransomware operators leverage to blind, unhook and bypass security controls
• Models that mitigate the risk of ransomware attacks
• Should you have an internally documented stance towards ransom payment?