Should You Pay Ransomware Attackers? A Game Theory Approach

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Should You Pay Ransomware Attackers? A Game Theory Approach

FromMalicious Life

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Length:

33 minutes

Released:

Oct 17, 2023

Format:

Podcast episode

Description

The FBI explicitly advises companies against paying ransomware attackers - but itself payed 4.4 million dollars worth of Bitcoin after the Colonial Pipeline attack. So, should you listen to what the experts say, or follow what they occasionally do? It’s complicated, but we can model this problem.Advertising Inquiries: https://redcircle.com/brands

Released:

Oct 17, 2023

Format:

Podcast episode

Titles in the series (100)

Malicious Life by Cybereason tells the unknown stories of the history of cybersecurity, with comments and reflections by real hackers, security experts, journalists, and politicians.

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Weapons of Mass Disruption: The threat of fire and fury stands at the center of all modern conflicts- nuclear bombs that can eradicate life in seconds are the ultimate weapon of war, as they pose a huge threat to centers of population. But what of the cyber war? by Malicious Life
41 min listen
Friend or Foe: The largest hack in U.S military history may have been conducted by… The NSA. In 1997, a wargame conducted by the NSA showed just how unprepared we were for a potential cybernetic strike- in 4 days, NSA hackers were able to take down entire military ne... by Malicious Life
36 min listen
Stuxnet, part 2: Stuxnet was a weapon, a kind of a smart bomb- perhaps one of the smartest bombs ever created. A bomb that couldn’t rely on operators, cameras, and laser targeting, instead it had to “think” its way to its destination. An invisible commando unit, by Malicious Life
27 min listen
Big Cannons: 2016 is known throughout the circles of information security as “The Year of The DDoS Attacks”, and rightfully so: 5 large scale DDoS attacks – ‘Distributed Denial Of Service’ – shocked the technology world. In this episode of Malicious Life, by Malicious Life
45 min listen
Ghost In The Machine: Cybercrime is one of the most notable threats we face as computer users, nowadays. But it wasn’t always so. Those of us who’ve been in the field long enough may remember a time when computer viruses were much more innocent, by Malicious Life
26 min listen
The Dark Avenger: In 1989, a message was found in a virus: “Eddie Lives…Somewhere in Time!”. ‘Eddie’ was a particularly nasty virus, and its discovery led a young Bulgarian security researcher down a rabbit hole, on a hunt for the prolific creator of the Eddie virus: Th... by Malicious Life
30 min listen
Stuxnet, part 1: Where armies once fought with bullets and bombs, they now engage in clandestine, invisible warfare. In 2010 a virus was discovered that would change the world’s perception of cyber warfare forever. Dubbed Stuxnet, by Malicious Life
33 min listen
The Half Life 2 Hack: How far should a die-hard fan go, in order to bring closer to them the thing that they love? In one of the most interesting, yet relatively unknown cybersecurity stories, a young hacker attempts to steal his favorite game prior to its release and then ... by Malicious Life
38 min listen
The Propaganda: Governments around the world have been making devious use of the internet as a platform to spread, not malware, but propaganda. As in all wars, propaganda is a huge part of the modern cyber war. Join us as we explore the roots, by Malicious Life
40 min listen
Spam Empire: In this episode of Malicious Life, we take a look at one of the oldest forms of criminal activity on the web- the spam empires of the 90’s and 2000’s. Find out how these multi-million dollar industries operated, by Malicious Life
31 min listen
Stuxnet, part 3: Stuxnet was a devastating weapon, but who wielded it? That is the question we try to answer with the final installment of our Stuxnet series. In this episode, we explore other, similar battles of the modern cyber war, by Malicious Life
30 min listen
The Soldiers of North Korea: Guerrilla warfare has been around for as long as conventional warfare has. The idea that a small force, through cunning and brazen action, could overtake a larger force is an old one. From pirates who would take merchant ships by surprise, by Malicious Life
34 min listen
The Roots of Evil: WannaCry’s widespread cyber attack on more than 200,000 computers all over the world made headlines – but only a few people remember a similar attack, named The AIDS Trojan, almost 30 years earlier… In this episode of Malicious Life, by Malicious Life
30 min listen
The Target Hack: If movies have taught me anything, it’s that if you want to rob a bank, you dress as the cleaning crew. The people behind the Target hack must have seen one action film too many, because when they decided to hack one of the biggest retailers in the wor... by Malicious Life
34 min listen
China Vs. Github: It’s a weapon that harnessed the strength of millions of computers at once: a cannon so powerful it could break through any wall, take down any website. It is “the Great Cannon”. by Malicious Life
41 min listen
The Whistleblowers: WikiLeaks has ushered in a new age in whistle blowing: Modern leakers such as Chelsea Manning – who’s story is the focus of our current episode – expose huge amounts of confidential information. But can these mega-leaks really influence the actions and... by Malicious Life
36 min listen
The Morris Worm Pt. 1: We’ve introduced you to some of the seminal malware attacks that have shaped cybersecurity history. Perhaps no other incident in history, though, has had the effect on how we think about computer security today as the Morris worm. by Malicious Life
27 min listen
Black Duck Eggs: Darknet Diaries: This week we're doing an episode swap with the excellent podcast Darknet Diaries. A former NSA agent who has gone off to be a security consultant, tells a story about an assignment that he'll never forget... by Malicious Life
32 min listen
Cyber Terrorism: What governments and powerful organizations regularly use, others will find ways to use as well. Cyber activity fits so incredibly well with terrorism. Actors can remain hidden, or reveal themselves to the world; Create propaganda campaign, by Malicious Life
31 min listen
Hell to Pay: A global FBI manhunt for the world’s most wanted cyber criminal ends in the capture of a massive criminal network, but with the escape of the man himself. Security experts who operate within the gray areas of morality develop botnets that destroy perso... by Malicious Life
37 min listen
Deception: From the Bulgarian hacker scene of the 90’s, featured in episodes 1 and 2, we now move to the vibrant underground hacker scene of West and East Berlin. Working secretly for the KGB, a young Berliner hacker attempts to hack the U.S military network, by Malicious Life
30 min listen
The Stuxnet Virus Pt. 2: Stuxnet was a weapon, a kind of a smart bomb- perhaps one of the smartest bombs ever created. A bomb that couldn’t rely on operators, cameras, and laser targeting, instead it had to “think” its way to its destination. An invisible commando unit, by Malicious Life
27 min listen
WoW: Corrupted Blood: How does the outbreak of a “plague” inside a video game- a bug, essentially- affect real-life disease research? by Malicious Life
27 min listen
The Ashley Madison Hack, Part 1: When Ashley Madison got hacked, it made international headlines. Why? Because it wasn’t just a major event. It demonstrated how there’s information even more sensitive, even more significant than your credit card, by Malicious Life
30 min listen
The Ashley Madison Hack, Part 2: On the second installment of our Ashely Madison hack retelling, we look at the fallout of one of the hack, and the people who’ve suffered from it. by Malicious Life
33 min listen
Fancy Bear, Cozy Bear: When representatives from the Democratic National Committee reached out to a silicon valley cybersecurity company, to investigate a potential breach in their computer system, it’s hard to imagine what they might have expected to come of it. by Malicious Life
31 min listen
'Pa Bell' Vs. Youth International Party Line by Malicious Life
40 min listen
The Legalities of the Cyber War: Catching a criminal is by no means easy, but there’s something we take for granted in any crime: that the criminal has a face and a name, that they used a specific weapon on a specific target, and that the crime had ended once it was complete. by Malicious Life
23 min listen
The Stuxnet Virus Pt. 3: Stuxnet was a devastating weapon, but who wielded it? That is the question we try to answer with the final installment of our Stuxnet series. In this episode, we explore other, similar battles of the modern cyber war, by Malicious Life
30 min listen
The Trojan Horse Affair: The early 2000s were an interesting time in Information Security. This is roughly the period when malware transitioned from viruses written by teenagers for fun, to cybercrime tools in the hands of sophisticated criminals. by Malicious Life
22 min listen

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Should You Pay Ransomware Attackers? A Game Theory Approach

Should You Pay Ransomware Attackers? A Game Theory Approach

Description

Titles in the series (100)

More Episodes from Malicious Life

Related podcast episodes