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A Train Hack, $80M Pig Butchering Scheme, and Greg Van Houten of Haynes Boone on the SEC's New Cybersecurity Disclosure Rules

Hacker And The Fed

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Ransomware Attacks and Exploits

This chapter discusses the increasing number of ransomware attacks, the large sums of money being paid in ransom, and the concerns about the weaponization of exploits. It explores how ransomware groups outbid governments for zero-day exploits and the potential consequences of their power. The discussion also touches on recent legislation against paying ransom and the tendency of governments to focus on the wrong targets instead of addressing the root issue.

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