3rd Party Risk Management , Business Continuity Management / Disaster Recovery , Critical Infrastructure Security

ISMG Editors: Ransomware Trends - The Bad and the Ugly

Discussion Also Tackles Facial Recognition Tech Debate
Clockwise, from top left: Tom Field, Anna Delaney, Mathew Schwartz and Suparna Goswami

In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity issues, including how by nearly every measure, ransomware attacks got worse in 2021; the backlash from privacy experts sparked by the IRS' decision to use facial recognition technology on American taxpayers, which has now been dropped; and why cybersecurity fosters competitive advantage.

See Also: Rapid Digitization and Risk: A Roundtable Preview

The editors - Tom Field, vice president, editorial; Anna Delaney, director, productions; Mathew Schwartz, executive editor, DataBreachToday & Europe; and Suparna Goswami, associate editor, ISMG Asia - discuss:

  • Ransomware trends, which include more leaks, more strains of ransomware and higher ransom payments;
  • Takeaways from an interview with cybercrime consultant Brett Johnson who explains why it was important for the U.S. Internal Revenue Service to end the use of third-party facial recognition technology for identity verification of taxpayers;
  • Highlights from an interview with CISO Adam Evans of Royal Bank of Canada on the role cybersecurity can play as a competitive differentiator.

The ISMG Editors' Panel runs weekly. Don't miss our previous installments, including the Feb. 4 edition discussing how a Russian cyber war could have a ripple effect and the Feb. 11 edition discussing whether the ransomware group BlackMatter has rebooted.


About the Author

Anna Delaney

Anna Delaney

Director, ISMG Productions

An experienced broadcast journalist, Delaney conducts interviews with senior cybersecurity leaders around the world. Previously, she was editor-in-chief of the website for The European Information Security Summit, or TEISS. Earlier, she worked at Levant TV and Resonance FM and served as a researcher at the BBC and ITV in their documentary and factual TV departments.




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