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EP45 VirusTotal Insights on Ransomware Business and Technology

Guests:
- Vlad Stolyarov, Security Engineer @ Threat Analysis Group (TAG)
- Vicente Diaz, Threat Intelligence Strategist @ VirusTotal
Topics:
- Why GandCrab / REvil was the most popular ransomware family in 2020?
- What is ransomware as a service?
- Is every scary article about ransomware essentially marketing for the criminals?
- Some ransomware payoffs are huge, how do you think they spend the money?
- How else do they profit off stolen data apart from double extortion schemes? Are there triple extortion schemes?
- What is the concept of a “trusted brand in ransomware”, is it better for clients because they will return the data?
- Why did non-Windows ransomware fail as a business?
- Do we expect 0day exploits to become more popular in ransomware?
- Based on this research, what is the key reason for ransomware’s wild success?
Resources:
- “Ransomware in a Global Context” report
- “Malware Hunting with VirusTotal” (ep30)
- Google TAG blog
- NoMoreRansom Org
- “Cybereason: 80% of orgs that paid the ransom were hit again”
- Google Cybersecurity Action Team Threat Horizons Report (full, brief)
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