Examining Ransomware Payments From a Data-Science Lens

Ransomware has come a long way since the Internet’s pre-cryptocurrency days. The advent of cryptocurrency was an important turning point in the evolution of this cyberthreat, as malicious actors are now no longer confined to available local or regional payment options when collecting ransom payments.

The operation costs and monetization models of a ransomware group can be telling of its persistence methods, the tactics, techniques, and procedures (TTPs) in its arsenal, and the qualifications of its members — all valuable insights for defenders if they are to mount a defense strategy that can hold out against increasingly sophisticated ransomware attacks.

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Source:  Trend Micro