Ransomware attacks are more prevalent each day. Join GroupSense Director of Intelligence Operations Bryce Webster-Jacobsen and Senior Threat Intelligence Analyst Samira Pakmehr at this year's SANS Ransomware Summit on June 16, 2022 to learn more about how to stop your organization from becoming a ransomware horror story. Bryce and Samira will present on The Role of Cryptocurrency in Ransomware Negotiations and Other Cybercrimes on June 16 at 1:10-1:45pm ET.
About the Session: The Role of Cryptocurrency in Ransomware Negotiations and Other Cybercrimes
June 16, 2022
1:10-1:45pm ET
In this session, Bryce Webster-Jacobsen and Samira Pakmehr of GroupSense will discuss the implications of cryptocurrency in cybercrime, including ransomware operations and regular dark web transitions. They will discuss the difficulties of obtaining large amounts of cryptocurrency, review how financial institutions are increasingly scrutinizing large dollar cryptocurrency acquisitions, and how these delays can damage a settlement price as it relates to cybercrimes. We will also explore the compliance aspect of this topic and the future of regulations in this area, including sanctions and complicit cryptocurrency exchanges. And finally, they will cover threat actor evasion methods as well as detection methods to help companies best protect their most valuable assets.
Attendees will learn:
- The role that cryptocurrency plays in cybercrime, including the types of cryptocurrency preferences of the cyber underground
- The state of the ransomware market: the top attack vectors, the evolution of ransomware groups, increase in initial access brokers, and more
- Why and how compliance can affect cryptocurrency transactions and what future regulations might look like, including SUEX Binance
- How threat actor evasion methods such as privacy coins, mixing/tumbling, gift cards, and other laundering tools can affect transactions
- What types of detection methods exist: namely, transaction monitoring and know your customer: and how best to implement them
Register now to attend the virtual summit>
About Sans Ransomware Summit
The Ransomware Summit will explore these topics:
- Ransomware intrusion emulation
- Ransomware initial access vectors
- Defending against and responding to ransomware
- Tools and techniques for hunting ransomware operators
- The ransomware operator's toolbox - what tools and malware they use
- The ransomware affiliate model/Ransomware as a Service ecosystem
- Ransomware beyond encryption - double extortion, exfiltration of information, Denial of Service threats
- The financial side of ransomware - cryptocurrency tracking
- Recovering from ransomware
In addition to an entire day of ransomware talks and discussions, this Live Online event offers exclusive access to connect with others in the ransomware community, leading experts and investigators, and some of the SANS instructors and authors you have taken courses from. In addition to in-depth presentations and panels, you will also be invited to join the conference chat workspace which is a place to engage with attendees and speakers, to ask your questions, and to share your knowledge. Attendees tell us time and again that one of the greatest takeaways from a SANS Summit is the many industry connections they forge or deepen during their time with us. Register now to save your spot>