There is a general consensus around the financial motivation behind ransomware campaigns. While this holds true, by analysing a series of unusual ransomware campaigns, Ippolito Forni, EclecticIQ’s Threat Intelligence Consultant & Senior CTI Analyst, will demonstrate that nation-states have jumped on the ransomware bandwagon and are increasingly using it as a smokescreen for purposes other than financial gain, such as espionage and sabotage. In these ransomware campaigns, nation-states can plausibly deny their involvement by hiding their identity and true goals behind a financially motivated ransomware threat actor. Takeaways:

• Being able to spot indicators of anomalous ransomware activity
• Impact and consequences for organisations
• Diplomatic and LEO challenges
• Anti-Ransomware best practices

About the speaker

Ippolito Forni

Threat Intelligence Consultant and Senior CTI Analyst at EclecticIQ

Ippolito is a Threat Intelligence Consultant and Senior Cyber Threat Intelligence Analyst at EclecticIQ. His specialties include ransomware attacks, financial cybercrime, cyber espionage, and cyber warfare. He has been working in IT for 28 years, with 10 years’ experience in the Threat Intelligence field.
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