Overview

Following a number of high-profile ransomware attacks in recent years, cyber criminals continue to innovate in pursuit of their illicit profits, posing significant risks for financial institutions and wider society. The methods used to attain these profits can be both complex and sophisticated, despite significant targeting by authorities through methods including financial sanctions. This session will demystify how the ransomware payment ecosystem functions and will examine how financial institutions and others can both enhance their own protection and disrupt criminals’ profits.