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We can rid the world of ransomware attacks to such an extent they are no longer a likely risk vector! It is possible, but we all have to work together.
This is not a sales pitch; in fact, I explain why no product or service can truly deliver us from the tightening jaws of ransomware. This is an exploration of an idea that will deliver all the criteria of success for the world to collaboratively end ransomware!
It all starts with one simple concept: criminalize the payments of digital ransoms.
It is a controversial proposal.
The act of establishing a criminal law prohibiting the payment of ransoms will start a chain reaction that will ultimately end in the undermining of ransomware attacks across the globe.
In today’s video, I break down that cascading set of events that would reverse the incredible growth trend of this digital attack and end ransomware as we know it. Be sure to stay for the end, where I list all the arguments against this idea, gathered from discussions with peers. I will dispel them all in next week’s video.
It all starts with one simple yet controversial concept: criminalize the payments of digital ransoms.
The key is how one act will set in motion a cascading chain of events, like dominoes falling one after another, to reach our goals. This video explains the 10 steps that will happen.
Let’s walk the logic and think strategically several moves ahead.
The ability to undermine ransomware is within our grasp!
Thanks for watching. Let’s communicate and collaborate together. That is how we make cybersecurity strong in protecting the global digital ecosystem.
I put out a new video about every week on various cybersecurity topics, risks, ideas, events and best practices. If you like these cybersecurity videos and are interested in more cybersecurity insights, rants, and strategic viewpoints, please click the Like button and Subscribe to the Cybersecurity Insights channel!
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Matthew Rosenquist is an industry-recognized pragmatic, passionate, and innovative strategic security expert with 28 years of experience. He thrives in challenging cybersecurity environments and in the face of ever shifting threats. A leader in identifying opportunities, driving industry change, and building mature security organizations, Matthew delivers capabilities for sustainable security postures. He has experience in protecting billions of dollars of corporate assets, consulting across industry verticals, understanding current and emerging risks, communicating opportunities, forging internal cooperation and executive buy-in, and developing practical strategies. Matthew is a trusted advisor, security expert, and evangelist for academia, businesses, and governments around the world. A public advocate for best-practices, and communicating the risks and opportunities emerging in cybersecurity. He delivers engaging keynotes, speeches, interviews, and consulting sessions at conferences and to audiences around the globe. He has attracted a large social following of security peers, is an active member on advisory boards, and quoted in news, magazines, and books. Matthew is a recognized industry expert, speaker, and leader who enjoys the pursuit of achieving optimal cybersecurity. Matthew Rosenquist is experienced in building world class teams and capabilities, managing security operations, evangelizing best-practices to the market, developing security products, and improving corporate security services.
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