dfm covers

Ransomware is An Unsustainable Business Model

Written by Gerard Ward & Brian Cusack

Ransomware is An Unsustainable Business Model

Ransomware became the face of cybercrime in 2017 when waves of attacks rolled out across the world. Critical information structures became locked and unusable until the owners paid in Bitcoins for a key to unlock the files. At first it appeared the perfect crime where whole organisations had lost access to their vital information and the only way out was to comply with the crooks. However, events occurred where mitigation was found and by the end of 2017 Ransomware recovery services were advertising online to guarantee data recovery for a lesser fee. Organisations had also worked out that simple triangulated backup systems could also defeat Ransomware attacks at little extra cost. It became apparent that the extortionists were weakening and were prepared to negotiate lessor fees in order to gain some financial return on their folly. For what first appeared to be a dangerous and convincing cybercrime, a second glance suggests that it is an unsustainable business model with many weaknesses. In order to better understand the phenomena we spent 12 months studying the business processes and technologies associated with Ransomware and conclude that negative risk is still apparent for unprepared organisations but we predict within a period of time the crime will become ineffective.

Find out more - subscribe to DFM today and read the full article. Or if you're a subscriber, login and read the article online.

Please make cache directory writable.

Submit an Article

Call for Articles

We are keen to publish new articles from all aspects of digital forensics. Click to contact us with your completed article or article ideas.

Featured Book

Learning iOS Forensics

A practical hands-on guide to acquire and analyse iOS devices with the latest forensic techniques and tools.

Meet the Authors

Scott C. Zimmerman

Scott C. Zimmerman is a CISSP qualified Information Security consultant and presenter


Coming up in the Next issue of Digital Forensics Magazine

Coming up in Issue 38 on sale from February 2019:

Crowd Sourcing Digital Evidence The Risk v The Reward

All digital devices used today can be considered as a potential source for digital evidence. Andrew Ryan investigates the current state in the art of crowd sourced digital evidence. Read More »

Recovery of Forensic Artifacts from Deleted Jump-List in Windows 10

Jump-Lists are widely discussed in forensics community since the release of Windows 7 and are having more capabilities to reveal forensics artifacts in Windows 10. Read More »

Subscribe today

Operacion Bitcoin

The article is an actual case study of an Interpol investigation carried out in association with CertUY that has been ongoing for some months. It is written by the first hacker sent to prison in Uruguay who is currently out on bail pending sentencing. Read More »

Every Issue
Plus the usual Competition, Book Reviews, 360, IRQ, Legal

Click here to read more about the next issue