Fraud Management & Cybercrime , Ransomware , Video

ISMG Editors: Why Is LockBit Ransomware Group So Prolific?

Also: Netskope's SASE Vision; The Compassionate CISO
Clockwise, from top left: Anna Delaney, Mathew Schwartz, Michael Novinson and Tom Field

In the latest weekly update, four editors at Information Security Media Group discuss important cybersecurity and privacy issues, including why being a CISO is like being the first family doctor in a small village, why you can't trust ransomware gangs such as LockBit, and why cloud security vendor Netskope took on $401 million in debt from Morgan Stanley to fuel its SASE offering.

See Also: Live Webinar | Navigating the Difficulties of Patching OT

The panelists - Anna Delaney, director, productions; Mathew Schwartz, executive editor of DataBreachToday and Europe; Michael Novinson, managing editor of business; and Tom Field, senior vice president, editorial - discuss:

  • Highlights from an interview with Aleksandr Zhuk, CISO of cryptocurrency broker sFOX, on why being a CISO is like being the first family doctor in a small village;
  • How the world's most prolific ransomware group, LockBit - which has been linked to a cyberattack that targeted Britain's national postal service, Royal Mail - displays an attitude of "profit at any cost";
  • Why cloud security vendor Netskope has taken on more than $400 million in debt to further develop its SASE platform and expand its go-to-market activities.

The ISMG Editors' Panel runs weekly. Don't miss our previous installments, including the Jan. 6 edition, which discusses the complexity of the Rackspace zero-day attack, and the Jan. 13 edition, which discusses the impact of the fragmented Russian darknet market.


About the Author

Anna Delaney

Anna Delaney

Director, ISMG Productions

An experienced broadcast journalist, Delaney conducts interviews with senior cybersecurity leaders around the world. Previously, she was editor-in-chief of the website for The European Information Security Summit, or TEISS. Earlier, she worked at Levant TV and Resonance FM and served as a researcher at the BBC and ITV in their documentary and factual TV departments.




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