Weekly Update 517: Cyber Ransoms
Troy Hunt's weekly commentary argues much ransomware is simple extortion by young actors who struggle to monetize ransoms.
In Weekly Update 517, Troy Hunt comments on the current ransomware landscape, noting many attacks involve pure extortion rather than actual malware. He observes that many actors are young and earn large sums but face practical difficulties spending ransom proceeds. The piece is opinion commentary rather than a new incident disclosure.
- Ransomware increasingly resembles pure extortion schemes
- Younger actors involved with monetization difficulties
- Opinion commentary, not a new incident report
From the original article
The current ransomware situation is a bit of a kludge (deep breath): a lot of ransomware (which often doesn't even involve "ware", it's just extortion) is carried out by kids who successfully make a truckload of money but can't spend it without
troyhunt.com
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