Behind the booming ransomware industry: How hackers hold businesses hostage | Business Beyond 

1. secure your machine's inbound ports (disable all remote access if not necessary, use key pairs not passwords) 2. turn on your network router/switch firewalls This two simple things will prevent most of attacks. And also, 3. make multiple backups of your crucial data, automate backup process to everyday.

This is how you learn to make backups the hard way.

Way too many scammers in the world. Scam phone calls, scam texts, scam emails are getting old. There needs to be better screening and blocking of these scams. Phone providers, software providers and security teams need to step up their game. There are too many gullible people that need to be educated about identifying these scams.

Doing this to hospitals equals murder.

My company got one too. We didn't pay, and we lost all of our data.

A big company in Kenya was hacked. The only way out was to pay the hackers...Lots of money

My company was held hostage a couple years ago. For two weeks we were locked out of our system.

Good reporting. I couldn't have explained it simpler to non techies. Few additions. Backups have to be offline (not connected all the time) and have to be tested routinely. The initial ransom demand amount is made for publicity and bragging rights, enterprise victims are expected to negotiate and it is not uncommon to see the actual ransom about a quarter or a third. It is rarely the case that a single criminal enterprise entity is responsible for the whole attack chain. Criminals are now specialized and offer services for each other to complete the attack.

Let me get this when companies underpay smart people it's fine but when smart people flex their brain muscles it's bad it would have been solved if companies would quit being Mr krabs with their cash

We are a public service and pay no ransom. However we replace all of our hardware using taxpayer money..... Why replace your hardware for a ransomware infection? Or were you still running old machines with Windows XP? To stay secure you have to be proactive which costs money. Some companies still fail to understand this.

Windows 11 forcing users to only use their Browser , Edge, is insulting and near illegal in 2021, in my opinion.When you set up the system, they force you to make a mistake and choose Edge only.

My brother’s friend had an attack and locked up all wedding footage he was working on. Ours was just family photos.

Thank you for this wonderful insight

I feel the ransomware industry actually has the potential to do a lot of good. A business that has caused billions of euros in environmental damage, make them pay for it. An organisation that directly caused the death of people, get some compensation for their families. Only works if the hackers are more interested in the ethics than the potential money though, can't be attacking charities or the public sector, etc.

@DW News : At 2:35 or so you say, " _The hack on the Colonial Pipeline affected fuel supplies to much of the USE's or U.S.E.'s coast_ ", but don't say what the USE or U.S.E. is and certainly should. I've never heard of that place, which I can only guess is a country, so checked Wikipedia, getting a disambiguation page, and it definitely isn't clear which of the links provides the one to use or check.

Scary world

Ransomware is only crime I know of that's perfect crime. Never have I heard of anyone getting caught. I mean ransom attack not other type of cyber attack

One major overlooked arena for fighting ransomware is through cooperative legislation - a country is chosen to enact legislation that makes it easy to (1) prosecute the crimes; (2) that has such stiff penalties - loss of freedom, loss of property - they act as deterrents; (3) extradition treaties with other countries that have extradition treaties with the major hacker countries and streamline the extradition procedure such that, for example, the US requests an arrest through country 1 who then does the same with country 2 who does the same to the target all in a matter of days so the target is caught unaware; (4) establishes the policy that a cyberattack is treated as an act-of-war by the hacker host country and retaliation against that country can be economic or military strikes; (5) those who are in positions of power is hacker countries are subject to prosecution with forced appearances being an absolute possibility - o.e. you are kidnapped and brought to a different jurisdiction for prosecution, etc. Such draconian measures are only so because the actions that require them are so draconian and remain quite unpunished. Until the punishment fits the crime, the crime will continue. Destroy a hacker country and you will see the end of the hacker problem.

No matter how much you secure the technology, physical security and social engineering will let anyone in.

Imagine if all your files are already pre-encrypted by you XD It takes time to open them one by one but it's the surest way not to leak info. Cause back ups are in the clouds obviously

I subscribed and liked. Thanks for a good educational video.

They mentioned that the cryptocurrency payments were tracked to see if it was paid out.. and then minutes later said that cryptocurrencies are anonymous and untraceable. Cognitive dissonance at it's finest. 6:46 and 7:54 - Unbelievable.

I'd be more interested in learning about how they get paid and how they actually get the money. I understand they use crypto, but it's not as anonymous and leaves a paper trail that can be traced back to someone. I'd assume they get the bitcoin, split it into multiple different wallets and then convert it all to different crypto multiple times so it's not making it "untraceable" but 100x more difficult to trace because it has all split and moved all over the crypto space which could be considered untraceable. I've also read about crypto mixers/blenders which apparently "clean" crypto and make it completely untraceable. Still a very interesting topic imo on how they operate and the end goal.

My entire home network was attacked and lost 15yrs worth of data, years of photos and memories, important documents, studies... and fn Australian gov wants me to trust them to give every fn personal detail I have to them!

Bo zamiast zatrudniać wykształconych inżynierów informatyków firmy zatrudniają niewykształconych pracowników którzy zlecają pracę innym udostępniając im dane i informacje o firmie. Ochrona danych to fikcja. .

4:20 Erstmal den Monitor ersetzten.

Klaus Schwab's "Cyber Pandemic" coming.

Ridiculous!

Most of the hackers are Indian crew... not Russian ...

But only Monero is untraceable, others are on public ledger ... your video is spreading FUD against Crypto subliminally

Government doing this too,

Nice little aristotelian syllogism at the end.

Why change all the hardware when you can just do a clean reinstall ?

Ahh cyber polygon, such a coincidence, briliant way to get yr business going.

"run-somewhere attacks"

Bitcoins are not untraceable

The government is gutless they have to lay the law down

These guys are heros

Holochain will change the digital game for sure and by the way, most cryptos are traceable!

OK, DW overall an interesting channel, but you have to choose your "experts" more carefully. BTC is as bad as a CreditCard, the ledger is not encrypted at all and accessible by veryone. There is a mixer mechanism though independent from BTC's white paper, as e.g Stonewall, Ricochet, Coinjoin ect. Consequently, the "problem" like always lies not with the weapon but with a human being who use it. Don't be fooled by simplifying a complex system.

Cyber evolution

They hake my internet my phone since last 10 years and all I can curse them and use bad words, I m jobless my wife run away my kids are lost and I forget my bank account and I m on my dead bed because I m mentally sick because I never have all those things which I mentioned. Anyway it was a real bad experience even I find out earlier that there are some control and checks on me reason may be just hate and haters have power. Anyway I learn and I m happy what I learn from my experience. I think soon climate change will effect internet and distroy everything

HE SAID.... THEY'RE MAKING BUSINESSES POORER! BAHAHAHAHA.

Paying ransome for this type of hacks should be illegal or taxed with a couple of 100%. If they hackers don't get paid, they will stop hacking.

#1 problem using Windows.

Tech should prompt human beings' life but it becomes to be scared by people. People spent a lot money to protect the safe environment,, what happened in this world?

reinstall the windows no problem and dont watch random porn

Cyber polygon

North Korea is probably doing the large hacks

poverty rises and crime rises with it whaaaaaat?

This documentary is not a documentary, but a bunch of opinions, and is definitively wrong on so many levels.

Am in the wrong industry lol and all you need is the ransom ware edit it to you liking plug it in at work then watch it infect every computer in the building then let the blackmail begin and they pay which is crazy a would never pay just get the system flushed and restart your servers it has to be easy to fix it but most companies don’t have it departments

It seems easy to solve this problem, just make it illegal to use crypto currency.

nothing complex ... only thing you need to do is, dont open anything on email..and dont download and open any exe files.. simple ...

DO THE GODDAMN BACKUPS.

Follow the money

I lol'd when he said america is the protector of the free world

Ransomware Incorporated

"Russia hacked the oil pipeline." - That was funny.

Move to linux 😃 or buy a good antivirus

More cryptocurrency FUD?

🙃😉

😂

Rob, hit the gym.

Ransomwere my Linux :)

Buy Monero

Stop blaming Russians. Its mostly INDIANS!

KLAUS MF SCHWABS

Already then.......God Allmighty is in control....hang on to Jesus.....The Holly Spirit guide u in the deep stage of life.

This is a great way to topple a government.

Making businesses poorer 🤣🤣🤣🤣

Kalau IG aku hilang berarti aku di take down yakkk

Ban crypto currencies. And make it illegal to pay the hackers.

Thank you cryptocurrency. It's so much easier to deal with transferring it over bordered than using banks or cash. That's its only use case.

That s nothing else than crypto F.U.D