Source: National Cyber Security – Produced By Gregory Evans
The good news about cyber criminals who go in for extortion is that they also tend to be liars. The bad news — they’re extremely difficult to catch. Wade Woolwine, manager of strategic services at Rapid7, has dealt with his share of blackmailers who steal sensitive data from enterprises and then hold it for ransom. Companies call in Rapid7 to help them figure out whether the blackmailers do, in fact, have the data they claim to have, to learn how they got into the system and to get them out, and to figure out how to deal with the blackmail itself. Woolwine said that he’s worked on under a hundred of these cases. About a quarter of the time, the customer caves in and pays the ransom, typically between $10,000 and $25,000. In return, the blackmailers promise to delete the data they stole. Of course, there’s no guarantee that the blackmailers will actually do that. “There’s the rub,” Woolwine said. “They may not delete it. That’s why the advice we give to customers is to not deal with attackers. Reach out to law enforcement and reach out to an incident response firm.” Wade Woolwine, manager of strategic services at Rapid7 […]
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