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Ransomware Tactics and Targeting
This chapter explores the tactics used by ransomware groups to target companies, including stealing and encrypting data, demanding payment, and threatening to release stolen data. It also discusses methods to prevent ransomware attacks and the existence of initial access brokers who sell access to corporations.
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Today’s show:
Jon Miller, CEO and Founder of halcyon joins Jason to discuss how ransomware attackers get away with it and stay anonymous (6:12), hacker markets, bounties, tools, and AI's role (16:20), proactive measures for startups to safeguard themselves (34:42), and more!
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Timestamps:
(0:00) Jon from Halcyon joins host Jason.
(2:52) Delving into the renaissance of ransomware.
(6:12) How ransomware attackers get away with it and stay anonymous.
(8:27) Strategies for counteraction and policy implications.
(10:10) Scalable Path - Get 20% off your first month at http://www.scalablepath.com/twist
(11:31) 2023 ransomware attacks on MGM and Caesar's in Las Vegas.
(13:52) Halcyon's endpoint agent: a solution to thwart threats.
(16:20) Exploring hacker markets, bounties, tools, and AI's role.
(19:57) Northwest Registered Agent - Get a 60% discount on your next LLC at http://www.northwestregisteredagent.com/twist
(21:55) The effectiveness of multi-factor authentication and strong passwords.
(22:49) Comparing financial vs. espionage attacks and the Colonial Pipeline event.
(29:26) The escalating danger for companies and the Uber cyber attack.
(31:27) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist
(32:35) AI and quantum computing: new frontiers for hackers.
(34:42) Proactive measures for startups to safeguard themselves.
(37:08) Growing hacker sophistication in places like China, North Korea and Iran.
(41:00) How the USA ranks in the world with cybersecurity and computer hacking.
(43:41) Your privacy is an illusion and a look at the information available on TikTok.
(48:01) The biggest threat that keeps Jon up at night.
(50:36) American Power Grid Vulnerabilities and ways to be prepared.
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Check out halcyon: https://www.halcyon.ai
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Thanks to our partners:
(10:10) Scalable Path - Get 20% off your first month at http://www.scalablepath.com/twist
(19:57) Northwest Registered Agent - Get a 60% discount on your next LLC at http://www.northwestregisteredagent.com/twist
(31:27) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist
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Follow Jon:
X: https://twitter.com/HalcyonAi
LinkedIn: https://www.linkedin.com/in/jonmillerhalcyon
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Follow Jason:
Instagram: https://www.instagram.com/jason
LinkedIn: https://www.linkedin.com/in/jasoncalacanis
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Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland
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Check out Jason’s suite of newsletters: https://substack.com/@calacanis
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Follow TWiST:
Substack: https://twistartups.substack.com
Twitter: https://twitter.com/TWiStartups
YouTube: https://www.youtube.com/thisweekin
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Subscribe to the Founder University Podcast: https://www.founder.university/podcast
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