3rd Party Risk Management , Critical Infrastructure Security , Cybercrime

ISMG Editors’ Panel: The Rise of Quadruple Extortion Attacks

Discussion Also Tackles Kaseya Ransomware Decryption Key, Raising Enterprise Security Posture
Clockwise, from top left: Tom Field, Anna Delaney, Scott Ferguson and Doug Olenick

In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including the rise of quadruple extortion attacks employed by ransomware gangs, the FBI reportedly withholding the Kaseya ransomware decryption key for weeks, and raising security posture during a pandemic.

See Also: The State of Organizations' Security Posture as of Q1 2018

The editors - Tom Field, senior vice president, editorial; Anna Delaney, director, productions; Scott Ferguson, managing editor, GovInfoSecurity; and Doug Olenick, news editor - discuss:

  • Highlights from an interview with CISO Tammy Klotz of Covanta, who describes what it takes to establish a new role and raise security posture during a pandemic;
  • Key takeaways from this week's Homeland Security Committee hearing at the U.S. Senate, including questions about why the FBI reportedly withheld the Kaseya ransomware decryption key for weeks;
  • How NEW Cooperative Inc., an Iowa-based farm services co-op, has reportedly been targeted by the BlackMatter ransomware gang, which practices quadruple extortion and is demanding a $5.9 million payment from the organization.

The ISMG Editors' Panel runs weekly. Don't miss our previous installments, including the Sept. 10 edition discussing how ransomware affiliates change operators and the Sept. 22 edition discussing cyber insurers and ransomware response.


About the Author

Anna Delaney

Anna Delaney

Director, ISMG Productions

An experienced broadcast journalist, Delaney conducts interviews with senior cybersecurity leaders around the world. Previously, she was editor-in-chief of the website for The European Information Security Summit, or TEISS. Earlier, she worked at Levant TV and Resonance FM and served as a researcher at the BBC and ITV in their documentary and factual TV departments.




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