Hackers Nabbed $1.3B in Ransom Over 2 Years

Hackers Nabbed $1.3B in Ransom Over 2 Years

Assessment

Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The video discusses the significant increase in ransomware payments from 2019 to 2021, with 2021 payments likely surpassing $700 million. The average payment per attack also rose sharply. Global efforts, including those by the US, UK, and Australia, are underway to combat ransomware, with a focus on groups like Conte, Dark Side, and Evil Corp. Chainalysis data highlights the importance of understanding these groups for effective regulation.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Which ransomware groups were mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of understanding the cryptocurrency wallets associated with ransomware groups?

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