Incoming FireEye CEO: Extortion Is on the Rise

The video discusses the evolving geopolitical landscape and how governments are responding with new rules of engagement. It highlights the increasing security in the payment card industry, making it harder for criminals to exploit. As a result, cybercriminals are turning to extortion and ransomware, using anonymous currencies like Bitcoin. These attacks are on the rise, posing significant challenges for organizations. The video concludes with a hopeful outlook on reducing international criminality by limiting safe harbors for criminals.

What is a potential outcome of new rules of engagement by governments?

• War and peace depending on geopolitical conditions

• More secure payment systems

• Increased global trade

• Reduction in cybercrime

Why is it becoming harder for cybercriminals to monetize credit card breaches?

• Governments are banning online transactions

• Credit cards are being replaced by cash

• The payment card industry is becoming more secure

• Retailers are closing down

What tactic are cybercriminals increasingly using to get paid?

• Hacking social media accounts

• Using anonymous currencies like Bitcoin

• Selling stolen goods

• Phishing emails

What is a significant challenge posed by ransomware attacks?

• They only target large corporations

• They require payment to decrypt data

• They have little impact on businesses

• They are easy to prevent

What is the international stance on criminality according to the speaker?

• It is ignored by international organizations

• It is encouraged by some governments

• It is considered intolerable by most nations

• It is largely tolerated