Ransomware is a big business. It has been prominent since the mid-2000s, with Ransomware-as-a-Service emerging in 2016. A company impacted by ransomware could suffer devastating financial and reputational losses. We've compiled information on the ransomware market and what you need to know.
2021 was another pivotal year for ransomware attacks. Cybercrime was expected to hit $6 trillion and is expected to grow by 15% annually during the next five years.
GroupSense has been negotiating with threat actors on the underbelly of the internet for years, so we are uniquely suited to assist in ransomware negotiations. We often get the question, what does a ransomware negotiator do? A ransomware negotiator acts as a mediator between a ransomware victim and the ransomware operator. This role is an important one, providing an objective view of the situation, empowering the victim with enough information to make an informed business decision on whether to pay a ransom, and providing a layer of operational security between the victim and the ransomware operator.
WhatsApp is a popular social messaging platform used worldwide. With such a large audience, threat actors use it to spread disinformation, distribute malware and carry out many more cyber attacks. Read our white paper to understand the threats you or your colleagues can face from using the messaging app.
GroupSense does some of the largest negotiations for ransomware. Ransomware is a quick and easy path to revenue for criminals. Unfortunately, ransomware isn’t always the first play in a criminal’s playbook. They usually have been in your network for a while and deploy ransomware after they’ve accessed all your data. GroupSense’s team of experienced negotiators developed cybersecurity tips to help reduce your risk.