The issue presents formidable challenges and costs for businesses, national security and, as the Pennsylvania case showed, individuals--often society's most vulnerable. But we can watch and learn from cyber extortionists, leaving us better prepared for next time. In 2022, a series of devastating ransomware attacks prompted Costa Rica's President to declare a national emergency, describing a 'state of war'. This episode had much to tell us about how these networks arise, operate, organize--and collapse.
Max Smeets' landmark study demystifies the ransomware playbook, from funding to networking. Through one of the largest ransomware operations on record, he reveals how this challenge has evolved, how it differs in substance and style from traditional cyber/hacking threats, and how to combat it.