A great article by Amanda Lewis (1843 magazine) on the Ransomware Industry and the secret lives of ransomware negotiators. An eye-opener to this reality, that is under our noses, but somehow, we lose sight of it. What have I learnt by reading it: 1- Cybersecurity breaches are more common than what we might think. 2- In 2022 cyber-security insurance paid $4b to compensate such cases and it is estimated that $1b went to the hackers directly (highly profitable industry). 2- Most of those situations were not made public and handled (e.g. paid) by the companies that were subject to such situation, without disclosing it. 3- There is a highly specialized and paid new profession - “Ransowware Negotiator”. 4- These negotiators are highly trained and use to the most all negotiating techniques in highly sensitive/stressful scenarios. 5- The case that the article exposes is a negotiation master classes per se. 1843 is sister magazine from the Economist and has also great articles, like this one, that I need to explore in more detail Happy readings! Secrets of a ransomware negotiator https://www.economist.com/1843/2024/07/24/secrets-of-a-ransomware-negotiator from The Economist
- Pedro
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