Fraud Management & Cybercrime , Technology

The Art of the Steal: Why Criminals Love Cyber Extortion

McAfee's Raj Samani and John Fokker Review the Latest Threats
John Fokker, head of cyber investigations at McAfee and Raj Samani, chief scientist at McAfee

Criminals continue to target organizations and individuals with extortion schemes, such as by infecting targets with Ryuk and GandCrab ransomware, say Raj Samani, chief scientist of McAfee, and John Fokker, McAfee's head of cyber investigations.

See Also: 10 Incredible Ways You Can Be Hacked Through Email & How To Stop The Bad Guys

In a video interview with Information Security Media Group at RSA Conference 2019 in San Francisco, Samani and Fokker discuss:

  • Extortion schemes;
  • The business model behind GandCrab and Ryuk ransomware;
  • IoT smart lock security: A positive coordinated-fix story;
  • The anti-ransomware No More Ransom initiative.

Samani is the chief scientist of McAfee and a cybersecurity adviser to EU's law enforcement agency, Europol.

Fokker heads cyber investigations for McAfee. He was previously the project leader for the cybercrime threat intelligence team for the Dutch Police.


About the Author

Mathew J. Schwartz

Mathew J. Schwartz

Executive Editor, DataBreachToday & Europe

Schwartz is an award-winning journalist with two decades of experience in magazines, newspapers and electronic media. He has covered the information security and privacy sector throughout his career. Before joining Information Security Media Group in 2014, where he now serves as the executive editor, DataBreachToday and for European news coverage, Schwartz was the information security beat reporter for InformationWeek and a frequent contributor to DarkReading, among other publications. He lives in Scotland.




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