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To Pay or Not to Pay? Intelligent Ransomware Response

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Presentation on theme: "To Pay or Not to Pay? Intelligent Ransomware Response"— Presentation transcript:

1 To Pay or Not to Pay? Intelligent Ransomware Response

2 INTELLIGENCE AS A SERVICE
About Me AARON SHERMAN Senior Director of Cyber Threat Intelligence Braintrace - Intelligence Cybersecurity Aaron currently serves as Senior Director of Cyber Threat Intelligence at Braintrace. Bringing nearly 15 years of cyber threat detection and neutralization success for the U.S. government, Aaron most recently held the position as Cyber Special Agent with the Federal Bureau of Investigation (FBI) in the Washington, DC and Salt Lake City Field Offices. While at the FBI, Sherman responded to and investigated cyber intrusions and data breaches perpetrated by Advanced Persistent Threat (APT) actors and cyber criminal groups around the world. As a leading authority on emerging threats, he has implemented new methodologies for targeting and monitoring cybercriminals on the dark and deep web. His efforts have resulted in the detection and disruption of numerous cybercriminal campaigns targeting US organizations. You can connect with Aaron at linkedin.com/in/aaron-sherman INTELLIGENCE AS A SERVICE 2

3 What could possibly go wrong?!
Incident Response What could possibly go wrong?!

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5 INTELLIGENCE AS A SERVICE
Incident Response Steps Detection Analysis Containment Eradication Recovery Post-Incident Activity INTELLIGENCE AS A SERVICE 5

6 INTELLIGENCE AS A SERVICE
Incident Response Steps Analysis ID specific variant Determine attack vector Prepare for the OCM INTELLIGENCE AS A SERVICE 6

7 INTELLIGENCE AS A SERVICE
Prepare for the OCM Wait, what’s bitcoin? How long will it take? Backups? How much is the extortion? Can we negotiate? INTELLIGENCE AS A SERVICE 7

8 INTELLIGENCE AS A SERVICE
The OCM WHAT IS BITCOIN?!? How much is the extortion? Can we negotiate? INTELLIGENCE AS A SERVICE 8

9 INTELLIGENCE AS A SERVICE
Quick Fact Finding ID Specific Variant Attacker Intelligence Attacker Counterintelligence Payment Intelligence OSINT INTELLIGENCE AS A SERVICE 9

10 INTELLIGENCE AS A SERVICE
Quick Fact Finding GandCrab (no decryption yet) Attacker Identified No victim intel Payments: Asking $8,000 USD Lowest: $1,646 USD Average: $4,680 USD Full recovery ~72 hours after payment INTELLIGENCE AS A SERVICE 10

11 INTELLIGENCE AS A SERVICE
Negotiations INTELLIGENCE AS A SERVICE 11

12 INTELLIGENCE AS A SERVICE
Negotiation Tips Treat like business deal Get proof of life Don’t stall Team approach No false flag operations* OPSEC! INTELLIGENCE AS A SERVICE 12

13 Meanwhile, back in Russia…

14 QUESTIONS & ANSWERS Aaron Sherman
Senior Director of Cyber Threat Intelligence linkedin.com/in/aaron-sherman INTELLIGENCE AS A SERVICE 14


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