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Kurtis Minder, CEO of GroupSense, a company that offers ransomware negotiation services, told SC Media that most large ransomware groups with multiple concurrent victims deploy automatic, pre-determined answers through the early stages of a negotiation until it progresses far enough to warrant human interaction. Similar to the business world, ransomware managers are seemingly looking to make sure their workers’ time is being spent wisely.

Threat intelligence firm GroupSense is one recent example. Earlier this month, the company introduced a new service that it says can help ransomware victims navigate a slew of issues following an attack. According to GroupSense, it can help organizations evaluate and confirm attacks, negotiate with threat actors to reduce ransom demands, manage cryptocurrency payments, arrange for the destruction of any stolen data, and carry out other post-transaction activities.

While FBI is urging ransomware victims not to pay any ransom to hackers as it encourages crime, a Cybersecurity firm from Virginia says that it will offer a ransomware consultation and negotiation service on an official note to deal with a situation.

The COVID-19 pandemic has created many security challenges that will persist long after the crisis ends. As time passes, it appears that work-from-home will become more permanent. Couple that with rushed digital transformation projects and inflamed security vulnerabilities that if not addressed quickly will lead to serious security and compliance problems. As we look to 2021, here are some challenges security teams must address:

MADISON - Foreign actors are using social media to target Native American populations in an effort to create disruption and sow division ahead of the 2020 election, according to preliminary research from cyber reconnaissance company GroupSense.

ARLINGTON, Va., Aug. 18, 2020 /PRNewswire/ -- GroupSense, a threat intelligence company, today announced a special package of its Election Threat Protection offering for state and city governments. This package of services includes a readiness assessment, pre-election preparations, and cyber threat monitoring both during and after an election. This approach to election security protects city and state governments and their citizens from cyberattacks on voting technology, mis/disinformation campaigns, ransomware attacks, hacktivism, physical threats and other crimes.

Question: How should I securely destroy/discard my devices?

A 2020 study on US consumers and cybercrime recorded nearly 1,500 significant data breaches in 2019 resulting in the exposure of more than 164 million sensitive records. Meanwhile, one executive of a major US accounting firm argued that 2020 may be one of the most fraud-rich environments in our nation's history.

Kurtis Minder, GroupSense CEO, talks with Charlene O'Hanlon about the black market and Dark Web activities as they pertain to COVID-19.

Dave shares a story of an attempt on his father's Verizon account, Joe has the story of an Amazon gift card phishing attempt, The Catch of the Day is a funny phishing email, and later in the show, Joe checks in with Kurtis Minder from GroupSense. They dig a little deeper into some of the topics Kurtis discussed in his previous appearance on our show.