UK Firms pay £200m in ransoms to hackers

Gangs of cybercriminals forced British companies to pay out more than £200 million in ransoms last year, experts have revealed. The extortionists, many from Russia or Eastern European countries, are targeting well-known businesses with malicious software and then charging them tens of millions of pounds to regain access to networks. Companies fearful of public embarrassment, lost data and fines from regulators are now showing “more willingness to pay the ransom”, experts said.

CrimeOps: The Operational Art of Cyber Crime

Cybercrime rewards innovative organizations. These can innovate at the tactical level (e.g. new or updated tactics, techniques, and procedures (TTP)), the strategic level (e.g. new monetisation methods), or at the operational level—the management of resources and personnel to achieve strategic objectives. This is operational art.

Source: okta.com