By Byron V. Acohido

The ransomware plague endures — and has arisen as a potent weapon in geopolitical conflicts.

Related: The Golden Age of cyber espionage

Cyber extortion remains a material threat to organizations of all sizes across all industries. Ransomware purveyors have demonstrated their capability to endlessly take advantage of a vastly expanded network attack surface – one that will only continue to expand as the shift to massively interconnected digital services accelerates.

Meanwhile, Russia has turned to weaponing ransomware in its attempt to conquer Ukraine, redoubling this threat. Now that RSA Conference 2023 has wrapped, these things seem clear: ransomware is here to stay; it is not, at this moment, being adequately mitigated; and a new approach is needed to slow, and effectively put a stop to, ransomware.

I had the chance to visit with Steve Hahn, EVP Americas, at Bullwall, which is in the vanguard of security vendors advancing ways to instantly contain threat actors who manage to slip inside an organization’s network.

Guest expert: Steve Hahn, EVP Americas, Bullwall

Bullwall has a bird’s eye view of Russia’s ongoing deployment of ransomware attacks against Ukraine, and its allies, especially the U.S.

Weaponized ransomware doubly benefits Russia: it’s lucrative, generating  billions in revenue and thus adding to Putin’s war chest; and at the same time it also weakens a wide breadth of infrastructure of Putin’s adversaries across Europe and North America.

Containment is a logical tactic that could make a big difference in stopping ransomware and other types of attacks. For a full drill down, please give the accompanying podcast a listen. I’ll keep watch and keep reporting.

Acohido

Pulitzer Prize-winning business journalist Byron V. Acohido is dedicated to fostering public awareness about how to make the Internet as private and secure as it ought to be.

(LW provides consulting services to the vendors we cover.)