Part 2: What is ransomware?

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This is a podcast episode titled, Part 2: What is ransomware?. The summary for this episode is: <p>This episode of <em>Techsplainers</em> continues the exploration of ransomware, focusing on notorious variants that have caused billions in damages worldwide. The podcast examines landmark ransomware families, including CryptoLocker, which kickstarted modern ransomware attacks; WannaCry, which infected 200,000 computers across 150 countries; and Darkside, responsible for the Colonial Pipeline attack that disrupted 45% of the US East Coast's fuel supply. Listeners will learn about the evolution of ransomware tactics, from standard encryption to AI-powered "Ransomware 3.0" like PromptLock. The discussion also covers ransom payment trends—noting that 63% of victims now refuse to pay—along with law enforcement's stance against payments and potential legal consequences. The episode concludes with essential prevention strategies, including maintaining offline backups, regular patching, employee training, and establishing formal incident response plans that can save organizations nearly $1 million per attack through faster identification. </p><p><br></p><p>Find more information at https://www.ibm.com/think/podcasts/techsplainers.</p><p><br></p><p><strong>Narrated by Bryan Clark</strong></p>

DESCRIPTION

This episode of Techsplainers continues the exploration of ransomware, focusing on notorious variants that have caused billions in damages worldwide. The podcast examines landmark ransomware families, including CryptoLocker, which kickstarted modern ransomware attacks; WannaCry, which infected 200,000 computers across 150 countries; and Darkside, responsible for the Colonial Pipeline attack that disrupted 45% of the US East Coast's fuel supply. Listeners will learn about the evolution of ransomware tactics, from standard encryption to AI-powered "Ransomware 3.0" like PromptLock. The discussion also covers ransom payment trends—noting that 63% of victims now refuse to pay—along with law enforcement's stance against payments and potential legal consequences. The episode concludes with essential prevention strategies, including maintaining offline backups, regular patching, employee training, and establishing formal incident response plans that can save organizations nearly $1 million per attack through faster identification.


Find more information at https://www.ibm.com/think/podcasts/techsplainers.


Narrated by Bryan Clark