Podcast

Ransomware Is a Business and It’s Competing Against You

Geoff White
isf podcastsransomware
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In this episode, investigative journalist Geoff White returns to discuss his deep research into the ransomware landscape, exploring how criminal gangs have industrialised into sophisticated business operations with Steve Durbin.

Geoff draws on leaked internal communications from the Conti gang and his forthcoming BBC podcast series to reveal how ransomware groups obsess over recruitment, retention and strategy, and why defenders need to fundamentally rethink how they view their adversaries.

You’re not being attacked by a crime gang, you’re being challenged by a business competitor.

Key Takeaways:

  1. Ransomware gangs operate like businesses, not crime rings.
  2. Defenders start in the wrong place. Attackers begin by mapping processes and people, arriving at technology last. Most defenders do the opposite.
  3. Have a ransomware plan before you need one. Gangs already know your insurance coverage and daily revenue before the ransom demand lands, and organisations that are not prepared are immediately at a disadvantage.