Fraud Management & Cybercrime , Next-Generation Technologies & Secure Development , Ransomware

Ransomware: 'To Pay or Not to Pay' Question Faces Medibank

Also: Security Vendor Layoffs Rising; Remembering Threat Intel Guru Vitali Kremez
Ransomware: 'To Pay or Not to Pay' Question Faces Medibank

The latest edition of the ISMG Security Report discusses how Australian health insurer Medibank is deliberating on whether to pay a ransom to extortionists, analyzes the growing number of layoffs in the security vendor space, and shares a tribute to threat intelligence researcher Vitali Kremez.

In this report, you'll hear (click on player beneath image to listen):

  • ISMG's Jeremy Kirk consider where Australia's Medibank should pay off extortionists and prevent the release of sensitive medical documents related to millions of Australians;
  • ISMG's Michael Novinson explain the recent rise in layoffs at security vendors and where the market is headed.;
  • ISMG's Mathew Schwartz share a tribute to Vitali Kremez, a renowned threat intelligence expert who died at age 34 in a suspected scuba-diving accident.

The ISMG Security Report appears weekly on this and other ISMG websites. Don't miss the Oct. 13 and Oct. 20 editions, which respectively discuss the growing Zelle problem and how Russian-speaking ransomware gangs have a new target.

Theme music for the ISMG Security Report is by Ithaca Audio under a Creative Commons license.

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