Behind the booming ransomware industry: How hackers hold businesses hostage | Business Beyond

Am in the wrong industry lol and all you need is the ransom ware edit it to you liking plug it in at work then watch it infect every computer in the building then let the blackmail begin and they pay which is crazy a would never pay just get the system flushed and restart your servers it has to be easy to fix it but most companies don’t have it departments

It was good until it came to this US propagandist who thinks the USA is the hero of the world lolz - lets ask Snowden what he thinks, Guess why China abolished everything after Windows 7? Because they know what TPM chips do for example :)

Stop blaming Russians.

Its mostly INDIANS!

These guys are heros

DO THE GODDAMN BACKUPS.

I'd be more interested in learning about how they get paid and how they actually get the money. I understand they use crypto, but it's not as anonymous and leaves a paper trail that can be traced back to someone. I'd assume they get the bitcoin, split it into multiple different wallets and then convert it all to different crypto multiple times so it's not making it "untraceable" but 100x more difficult to trace because it has all split and moved all over the crypto space which could be considered untraceable. I've also read about crypto mixers/blenders which apparently "clean" crypto and make it completely untraceable. Still a very interesting topic imo on how they operate and the end goal.

HE SAID.... THEY'RE MAKING BUSINESSES POORER! BAHAHAHAHA.

Thank you for this wonderful insight

I subscribed and liked. Thanks for a good educational video.

Already then.......God Allmighty is in control....hang on to Jesus.....The Holly Spirit guide u in the deep stage of life.

North Korea is probably doing the large hacks

We are a public service and pay no ransom. However we replace all of our hardware using taxpayer money.....

Why replace your hardware for a ransomware infection? Or were you still running old machines with Windows XP?

To stay secure you have to be proactive which costs money. Some companies still fail to understand this.

Ban crypto currencies.
And make it illegal to pay the hackers.

Ban Cryptocurrency - this would ultimately stop ransomware dead.

Going on to Russia for main problem is BS. I have feeling the your own people sabotage you.

My company was held hostage a couple years ago. For two weeks we were locked out of our system.

OK, DW overall an interesting channel, but you have to choose your "experts" more carefully.
BTC is as bad as a CreditCard, the ledger is not encrypted at all and accessible by veryone.
There is a mixer mechanism though independent from BTC's white paper, as e.g Stonewall, Ricochet, Coinjoin ect.
Consequently, the "problem" like always lies not with the weapon but with a human being who use it.
Don't be fooled by simplifying a complex system.

Most of the hackers are Indian crew... not Russian ...

Imagine if all your files are already pre-encrypted by you XD
It takes time to open them one by one but it's the surest way not to leak info. Cause back ups are in the clouds obviously

That s nothing else than crypto F.U.D

This documentary is not a documentary, but a bunch of opinions, and is definitively wrong on so many levels.

Mr Jackson Williams is legit and his methods works like magic I keep on earning every single week with his new strategy

Tech should prompt human beings' life but it becomes to be scared by people. People spent a lot money to protect the safe environment,, what happened in this world?

Making businesses poorer 🤣🤣🤣🤣

My brother’s friend had an attack and locked up all wedding footage he was working on. Ours was just family photos.

Nice little aristotelian syllogism at the end.

"run-somewhere attacks"

Paying ransome for this type of hacks should be illegal or taxed with a couple of 100%. If they hackers don't get paid, they will stop hacking.

reinstall the windows no problem and dont watch random porn

Ahh cyber polygon, such a coincidence, briliant way to get yr business going.

Its odd we never hear of Ransomware attacks in China, Russia or do they just not report them..😉

Ransomwere my Linux :)

Good reporting. I couldn't have explained it simpler to non techies.
Few additions. Backups have to be offline (not connected all the time) and have to be tested routinely. The initial ransom demand amount is made for publicity and bragging rights, enterprise victims are expected to negotiate and it is not uncommon to see the actual ransom about a quarter or a third. It is rarely the case that a single criminal enterprise entity is responsible for the whole attack chain. Criminals are now specialized and offer services for each other to complete the attack.

I feel the ransomware industry actually has the potential to do a lot of good. A business that has caused billions of euros in environmental damage, make them pay for it. An organisation that directly caused the death of people, get some compensation for their families. Only works if the hackers are more interested in the ethics than the potential money though, can't be attacking charities or the public sector, etc.

Holochain will change the digital game for sure and by the way, most cryptos are traceable!

Klaus Schwab's "Cyber Pandemic" coming.

Clearly the solution is to ban cryptocurrencies and replace them with a central bank digital currency that can be tracked, taxed, frozen, and depreciated by the government.

But only Monero is untraceable, others are on public ledger ... your video is spreading FUD against Crypto subliminally

🧱🧱🧱

Let me get this when companies underpay smart people it's fine but when smart people flex their brain muscles it's bad it would have been solved if companies would quit being Mr krabs with their cash

Windows 11 forcing users to only use their Browser , Edge, is insulting and near illegal in 2021, in my opinion.When you set up the system, they force you to make a mistake and choose Edge only.

The great Country of Holland will face spyware and ransomware ? Some of the Country Phones are being sold to Hedge Funds & Private Equity, who eager to cash in their huge investments , they will hack for Insider Traders ? If I was using those lines in the Netherlands when the networks become part of the Hedge Funds & Private Equity Speculators , I would encrypt everything. Do the Computer , Chip and TV big Companies in Holland use those lines ? They are in trouble , big trouble .

They provide good services like how to set up a Bitcoin wallet? Retarded.

"Russia hacked the oil pipeline." - That was funny.

Ransomware Incorporated

exacly! all cryptos and shitcoinfiat should die, only bitcoin is the one true sound money! transparency at it finest!

nothing complex ... only thing you need to do is, dont open anything on email..and dont download and open any exe files.. simple ...

Bitcoins are not untraceable