Cloud Security Podcast by Google cover image

Cloud Security Podcast by Google

EP206 Paying the Price: Ransomware's Rising Stakes in the Cloud

Jan 13, 2025
Ransomware is a growing threat, with evolving tactics that include data leaks and DDoS attacks. The podcast discusses the intricate business models of ransomware gangs, highlighting their aggressive extortion methods. Challenges specific to cloud environments are examined, stressing the importance of robust data governance. The ethical dilemma of whether to pay ransoms is a key topic, alongside practical advice for organizations to strengthen their defenses. Listeners gain insights into the interconnected roles of cyber insurance and corporate responsibility in combating this menace.
33:01

Podcast summary created with Snipd AI

Quick takeaways

  • Ransomware has evolved into a sophisticated business model with a multi-tiered ecosystem, inviting new criminal participants motivated by profit.
  • Attackers are employing increasingly aggressive extortion tactics like data leaks and DDoS to coerce organizations into paying ransoms.

Deep dives

The Persistent Ransomware Landscape

Ransomware remains a significant threat despite being viewed as an older issue, with its profitability keeping it prevalent in the cybercrime ecosystem. Many organizations experience 'ransomware fatigue,' but the reality is that criminals continue to find success in this model. The speaker notes how ransomware represents not just a piece of malware but a mature and evolving business model, continually attracting new players. The complexity and richness of the discussions surrounding ransomware highlight its continued relevance in the cybersecurity landscape.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode