Where Humanity Meets Technology Podcast

The Ransomware Economy & Prevention With Kurtis Minder

December 29, 2022 Maurice O. Hamilton Sr. Season 1 Episode 15
Where Humanity Meets Technology Podcast
The Ransomware Economy & Prevention With Kurtis Minder
Show Notes

Ransomware is becoming one of the biggest cybersecurity threats companies face today. As hackers located anywhere in the world can potentially pose multi-billion-dollar threats, organizations need to be aware of the dangers of security vulnerabilities and take a proactive stance to protect their systems.

In today's episode, we sit down with Kurtis Minder, the CEO & Co-Founder of Groupsense and a ransomware expert, to talk about the dangers of those types of attacks and what companies can do to mitigate the risks.

Outline:

  • [1:17] - Introduction of Guest Expert
  • [5:12] - How Groupsense helps clients with ransomware attacks
  • [7:06] - What is threat actor profiling and how it works
  • [8:49] - The dark net as seen by a cyber threat specialist
  • [11:45] - How ransomware attacks impact organizations
  • [16:42] - How can companies prevent ransomware attacks
  • [19:47] - The prevalence of digital risk protection
  • [22:38] - The dangers of TikTok for US citizens
  • [24:13] - Impersonation as the biggest ransomware culprit
  • [25:25] - Protecting elections with technology
  • [31:10] - What Kurtis does outside of work

Important Quotes:

  • “Most of these actors are operating in an organization that is very structured; it's like a job.”
  • “The deep web is not bad; it's just a form of access.”
  • “Being a victim of these kinds of attacks is legitimately traumatic.”
  • “80+ percent of these attacks are coming out of Russia.”
  • “Most of these are opportunistic, so the bad guys are not picking you, you just happen to be easy.”
  • “They don't have to break into networks. They don't have to be physically present anywhere. “

Get in Touch:

Email: mhamilton@infinavate.com
Linkedin: https://www.linkedin.com/in/mauricehamilton/
Website: www.infinavate.com